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Full text of "Annual report of the North Carolina Corporation Commission for the year ending .."

Digitized by the Internet Archive 
in 2013 



http://archive.org/details/annualreportofno1906nort_0 



North Carolina State Library 
Raleigh 

EIGHTH ANNUAL REPORT 



N.C 

Dec. 



THE NORTH CAROLINA 



CORPORATION COMMISSION 



YEAR ENDING DECEMBER 31, 1906 



COMPILATIONS FROM RAILROAD RETURNS ARE FOR YEAR ENDING JUNE 30, 1906 



RALEIGH 

E. M. Uzzell & Co., State Printers and Binders 

1907 






NORTH CAROLINA CORPORATION COMMISSION. 



FRANKLIN McNEILL, 

Chairman. 
SAM. L. ROGERS, 
E. C, BEDDINGFIELD, 

Commissioners. 



Henry C. Brown, Clerk. 

O. S. Thompson, Assistant Clerk. 

Miss E. G-. Riddick, Stenographer. 



BANK EXAMINERS \ 

F. J. Haywood, Jr. 

W. L. Williams, Jr., Assistant. 






DEPARTMENT 



NORTH CAROLINA CORPORATION COMMISSION 

Franklin McNeill, Sam. L. Rogers, E. C. Beddingfield, 

Chairman. Commissioner. Commissioner. 

H. C. Brown, Clerk. 



Office of the North Carolina Corporation Commission. 

Raleigh, K 0., December 14, 1906. 
His Excellency, R. B. Glenn, 

Governor of North Carolina, 

Raleigh, N. C. 

Sir : — We beg herewith to submit to you the Eighth Annual Report 
of the Corporation Commission. Our report for the State Tax Com- 
mission will be handed to you under separate cover. This report con- 
tains a record of the cases disposed of during the year ; copies of circu- 
lars and special orders issued by the Commission ; the annual reports 
of fifty-six railroad companies, two telegraph companies, nine street 
railway companies, and the Southern Express Company, as of June 
30, 1906; and reports of 264 State, private, and savings banks 
of the condition of business on the 12th day of November, 1906. 
This report also shows statistical tables giving the assessment of all 
properties required to be assessed for taxation by the Corporation 
Commission and a distribution of same to counties and towns ; statisti- 
cal tables showing the earnings and operating expenses of all railroad 
companies, both interstate and intrastate earnings, taken together and 
separately; tables giving the average daily wages of all railway offi- 
cers and employees, from general officers to trackmen; also table 
showing accidents to persons. 

RAILROADS. 

There are now in the State four great railway systems: Atlantic 
Coast Line Railroad Company, Seaboard Air Line Railway, Southern 
Railway Company, and the Norfolk and Southern Railway Com- 



219857 



4 N. C. CORPORATION COMMISSION. 

pany, the latter being formed since our last report by uniting un- 
der a merger the following independent roads: Norfolk and South- 
ern Railroad Company, Virginia and Carolina Coast Railroad Com- 
pany, Suffolk and Carolina Railway Company, the Atlantic and 
North Carolina Company (under a lease to the Howland Improve- 
ment Company), the Raleigh and Pamlico Sound Railway Company, 
and the Pamlico, Oriental and Western Railroad Company. All of 
these systems are now engaged in constructing new railroads in differ- 
ent parts of the State. Perhaps at no time in the State's history has 
there been so much activity in railroad building as this year. There 
are now in operation in the State 3,991 miles of railroad against 
3,859.09 miles last year and 3,803.09 miles in 1904. Of this 
amount 947 miles are operated by the Atlantic Coast Line Rail- 
road Company, 612 miles by the Seaboard Air Line Railway, 
1,320 miles by the Southern Railway Company; while the Norfolk 
and Southern Railway Company is operating 320 miles, and has 
under construction about 120 miles more. Five new railroads have 
been put in operation since last year, namely : Durham and Southern 
Railroad Company, Blue Ridge and Atlantic Railroad Company, 
Carolina and Glenn Anna Railway Company, Raleigh and Pamlico 
Sound Railroad Company, and Cliffside Railroad Company. 

The proportion of expenses to net earnings is unusually large this 
year, and the following comparison is interesting: 

1905. 1906. 

Gross earnings $22,441,705 $25,638,552 

Net earnings 8,470,483 8,717,116 

Increase in gross earnings 2,053,765 3,196,847 

Increase in net earnings 931,472 246,633 

Notwithstanding the increase in the volume of business, the profits 
have not increased in the same ratio. This is due in part, at least, 
to the fact that the railroad companies have not provided the necessary 
equipment and facilities for moving and handling the business until 
such a congestion in traffic has occurred that it has become more 
expensive to keep the freight moving, besides the heavy cost of the 
innumerable suits for damages and penalties for delays in transporta- 
tion. This congested condition of business has been a factor in caus- 
ing the extensive wrecks which have been so numerous this year. 



LETTER OF TRANSMITTAL. 

The gross earnings on intrastate business only, for the year ending 
June 30, 1906, is $6,965,486.40 ; and the net earnings for the same 
period, on intrastate business only, is $1,803,467.57. The railroads 
are making an effort to relieve the situation. The Southern Railway 
Company and the Atlantic Coast Line Railroad Company are double- 
tracking their main line at the worst congested points, and all of the 
systems are enlarging their facilities and adding to their equipment; 
but they have by no means kept pace with the increase in traffic. 

PHYSICAL CONDITIONS. 

There have been numerous complaints this year of the condition of 
road-beds and tracks in various parts of the State. These complaints 
have been investigated in all instances, and personal investigation 
was made on most of the railroads, including the following: Murphy 
Branch of the Southern Railway Company ; High Point, Randleman, 
xlshboro and Southern; the Seaboard Air Line Railway (Carolina 
Central Division) ; the Pittsboro Branch ; the Plymouth Branch of 
the Atlantic Coast Line Railroad Company, and the Nashville Branch 
of the Atlantic Coast Line Railroad Company. 

Unfortunately, the Commission has not power to require a railroad 
company to put its physical property in a safe condition, but wherever 
there was found to be need of it, they have urged that it be done and 
have pointed to the railway officials the necessity thereof. The find- 
ings and orders of the Commission relating to these matters appear 
elsewhere in this report. In some instances the railroad companies 
have responded to our efforts and have improved the condition of their 
property; in others, the conditions are far from satisfactory. It is 
true that the weather conditions this year have been bad for keeping 
tracks in good order and the scarcity of labor has affected railroads as 
it has other corporations, but they should be required to keep their 
physical property in such condition as to move their trains promptly 
and with safety. Every wreck caused by bad road-bed entails loss on 
the company, temporarily blocks and delays traffic, and indirectly 
affects every shipper on the line. 

ACCIDENTS. 

There seems to have been an unusual number of wrecks of freight 
trains during the year and one disastrous wreck of passenger train 
No. 44 on the Seaboard Air Line Railway. This occurred about 



319857 



b N. C. CORPORATION COMMISSION. 

8 :30 P. M., July 22, between Kockingham and Hamlet. It was a 
head-on collision of No. 44 with a freight train running from Hamlet 
as second No. 39. In this wreck twenty-two passengers were killed 
and thirty-five or more injured, some of whom afterwards died from 
their injuries. As soon as the Commission learned of the disaster 
they at once began an investigation and examined witnesses both in 
Ealeigh and Hamlet. This investigation satisfied the Commission 
that this accident would not have happened if the "Block System" 
had been in operation between Rockingham and Hamlet. The offi- 
cials of the road were urged to adopt the "Block System" on their 
main line at once, but up to this writing they have not done so. 

On June 21, 1906, a rear-end collision occurred on the Atlantic 
Coast Line Railroad at Ahoskie, N. C. The second section of No. 
209 was standing on the main line when second section of No. 73 ran 
into it, killing O. O. King, engineman, and Walter Carter, brakeman, 
of second division of No. 73, and injuring C. D. Meacham, conductor, 
of second section of No. 209, and an unknown white man. The Com- 
mission also investigated this wreck, and it developed that seventeen 
trains per day were passing over this part of the line, and that the 
"Block System" was not used, and that this accident would not have 
occurred if it had been in use. The officials of the Atlantic Coast Line 
Railroad Company at once ordered the "Block System" to be put in 
operation on the entire line. 

Last year there were 114 killed and 787 injured by the movement 
of trains; this year there were 126 killed and 1,031 injured by the 
same cause, showing an increase of casualties of twelve killed and 
264 injured. 

FREIGHT SERVICE. 

Perhaps the most important item to the shipper is the character of 
the service rendered by the railroad company. We regret to say that 
the service in the handling and the transportation of freights has been 
steadily growing worse for more than a year. It has grown so bad 
that it is not uncommon for it to take a month to get a shipment from 
one point to another in the State, notwithstanding the heavy penalties 
incurred by such delays, and the business interests of the State are 
being seriously crippled. Every shipper has felt the burden imposed 
by such service, and it has cost them in the aggregate hundreds of 
thousands of dollars. 



LETTER OF TRANSMITTAL. i 

Numerous complaints are being made for the lack of cars for out- 
going business, and the Commission has done all it can to relieve the 
situation, but most of these cars are needed for interstate traffic, over 
which we have no legal control. Many lumber plants are being seri- 
ously hampered and some are being shut down for lack of cars. One 
shipper alone needs to-day 200 cars and has needed ten per day every 
day for two months, but has not been able to get them. 

It is true that the railroad companies have added greatly to their 
yards and sidetracks, and have purchased a considerable amount 
of rolling-stock, but their track facilities are still inadequate, and 
they claim that they cannot purchase enough rolling-stock, and 
that the demand for cars and locomotives is so great all over the 
country that it is necessary to place orders with the manufacturers 
months ahead. It seems that the railroad companies have gradually 
abandoned the old custom of making their own equipment, and are 
entirely dependent on the manufacturers for it. It is probably better 
for them to purchase cars and locomotives if they can get them when 
wanted than it is to build them in their own shops, but the Commis- 
sion does not think this relieves them from the obligations to obtain 
the equipment necessary to take care of the traffic offered, and if the 
railroad company cannot buy a sufficient quantity they should build 
it themselves. 

The congestion of less than car-load business at junction points is 
another source of delay and loss to the shippers. In many instances 
the freight depots are inadequate and the clerical force too small. If 
the railroad companies would spend enough of their revenues to 
prepare them to promptly and safely handle the traffic, their profits 
would then far exceed their present proportion of the gross earnings, 
and the prosperity of the entire State would be greatly enhanced. 

EOCAE TRAIN SERVICE. 

In this respect the Commission's former report and recommenda- 
tions are renewed. From no source comes more justly cause of com- 
plaint. The local service, in the opinion of the Commission, is subor- 
dinated to the through ; this is remarkably so in the service of passen- 
ger trains. The trains on which the local travel is wholly dependent 
are the identical trains scheduled over hundreds of miles for the 
convenience, in its connection and in other respects, of the through 
travel ; hence, the transportation of the local passenger is dependent 



8 W. C. CORPORATION COMMISSION. 

on the movement of the through train, and is subjected to the multi- 
plicity of delays incident to long-distance runs. A local passenger 
service cannot be satisfactory or adequate when it is irregular and 
uncertain, and the interests of the local passenger served only second- 
ary. The passenger thus served, in the very nature of things, must 
sustain great loss of time and means on account of extra expense. 

This is equally true of the through service. "Through trains" is 
a misnomer, if they are scheduled to stop for the local passenger at 
every station along the route. The service becomes tedious and be- 
lated trains is the result. There is a reasonable and just demand for 
more local passenger trains. At present, nearly all passenger trains 
are regulated by the schedule of the through. Since the Commis- 
sion has been presenting this subject in its annual reports and press- 
ing the matter before the railway companies, some progress has been 
made ; notably the service by the Atlantic Coast Line Railroad Com- 
pany from Spring Hope to Rocky Mount, and to Selma, and from 
Tarboro to Kinston; by the Seaboard Air Line Railway from Wil- 
mington to Hamlet and from Raleigh to Weldon; by the Southern 
Railway Company from Salisbury to Asheville and from Greensboro 
to Ramseur. 

In every case where a local train has been employed with the 
special purpose of serving the people along its route, good results 
have come to the road providing it, as well as to the public using it. 

We do not minimize the importance of through trains. It is abso- 
lutely necessary to make provision for this immense volume of traffic ; 
but the importance of the local travel is emphasized when compared 
with it. The number of passengers handled by the railroad companies 
in the State for the year ending June, 1906, intrastate, is 4,462,327 ; 
interstate, 1,885,849. The three principal roads in the State report 
that for the same period they transported intrastate passengers, 
3,918,688; interstate, 1,467,051; that intrastate earnings were 
$2,707,119, and interstate earnings were $1,992,435. 

If the freight service of the State was undertaken without local 
trains, the result would be disastrous ; even the tendency to make the 
movement of local traffic of secondary consideration would congest 
every spur, sidetrack, and yard, and already there are penalty statutes 
requiring prompt movement of local freight to provide against such a 
course. 



LETTER OF TRANSMITTAL. 



9 



A 5 per cent, or 10 per cent, reduction of a rate on any particular 
classification would avail the shipper but little if the shipment he 
desired to make was not allowed to go forward, and while his car-load 
stood on the sidetrack, his competitor, enjoying a gateway rate, 
would, by the facility of a through train, place his shipment into the 
hands of the local trade. 

The industrial conditions of the State are now such that the facili- 
ties and time employed in transportation are an important factor to 
the success of almost every business. 



LITIGATION. 



The Selma Connection Case, referred to in our last annual report 
as pending in the Supreme Court of the United States, was argued in 
February, but as yet no decision has been announced. 

The Atlantic Coast Line Railroad Company made reports to the 
Commission monthly, showing revenue earned by this train and the 
visible expense of its operation, and instead of operating at a loss 
there was a net profit, over visible expense, of $2,873.06 for the year 
ending October 31, 1906 ; and 25,769 passengers were accommodated 
by this train. 

The case of Southern Railway Company against the Corporation 
Commission, also referred to in our last report as pending in the 
Supreme Court of the United States, was argued in April and decided 
on May 28th adversely to the Commission. The Court decided: 
"An order of a State Corporation Commission compelling a railway 
company engaged in interstate commerce to deliver cars containing 
interstate shipments beyond its right-of-way to a private siding is 
an unlawful interference with interstate commerce, whether viewed as 
an assertion by the Commission of its general powers over carriers, 
or of its power to make the order in a particular case in favor of a 
given person or corporation." It will be noted that the Court empha- 
sized the fact, which appeared in the case, that the private siding at 
which Southern Railway was ordered to deliver cars was beyond 
the right-of-way of said company. In the opinion the Court uses the 
following language: "Without at all questioning the right of the 
State of North Carolina, in the exercise of its police authority, to 
confer upon an administrative agency the power to make many rea- 
sonable regulations concerning the place, manner and time of delivery 
of merchandise moving in the channel of interstate commerce, it is 



10 N. C. CORPORATION COMMISSION. 

certain that any regulation of such subject made by the State, or 
under its authority, which directly burdens interstate commerce, is a 
regulation of such commerce, and repugnant to the Constitution of the 
United States." 

Another decision was made at the same term of the Court in case 
of Houston and Texas Central Eailroad Company v. John A. Mayes, 
the principle of which is of importance to our shippers, namely: 
"When applied to interstate shipments, the provision of Tex. Rev. 
Stat., Arts. 4497-4500, as amended by Acts 1899, p. 67, which 
penalizes the failure of a railway company to furnish cars to a ship- 
per within a certain number of days after the latter' s requisition in 
writing in the sum of $25 per day for each car not so furnished, and 
admits of no excuse except such as arises from 'strikes' or other 
public calamity, 'is an unconstitutional regulation of interstate com- 
merce.' " 

These two cases show some of the difficulties with which shippers 
and consignees of interstate shipments have to contend. 

WORK OF THE COMMISSION. 

The work of the Commission has been constantly increasing. Last 
year there were 387 cases docketed and disposed of; this year there 
have been 625 cases, an increase of 61% per cent. Several thousand 
dollars, most of which in small sums, have been caused to be paid 
or refunded to complainants. A number of depots have been ordered 
to be repaired or built, some of which have been completed. All 
freight rates have been reduced to the standard on the Atlantic and 
Yadkin Railroad, and the fertilizer rate has been reduced to the stand- 
ard on the East Carolina Railway. Some reductions in the different 
commodity rates have been made every month this year, including 
rates on warehouse trucks, grinding or corrugated rolls, building tile 
and hollow brick, common brick, trees and shrubbery, furniture 
(including sideboards, wire mattresses or springs, chairs, mirrors, 
chair stock, veneering, wooden seat stools), bobbins, shuttles and 
spools, vinegar, kraut, pickle and other barrels, tobacco baskets, de- 
livery wagons, and on all roads comprising the Southern Railway 
Company on less than car-load shipments of apples, beets, onions, 
potatoes, turnips and cabbage. 

We think passenger rates are too high and should be reduced, but 
we believe it should be definitely settled first whether we are to con- 



LETTER OF TRANSMITTAL. 



11 



tinue, the only State in the Union, to require both first and second 
class accommodations. Two years ago the Commission felt that if 
first and second class fares were abolished and one fare established 
instead, passenger rates conld and ought to be reduced, and they so 
reported to his Excellency, Charles B. Aycock, who recommended 
this course to the Legislature of 1905, and bills were introduced to 
that effect. These failed to pass, however, because of the failure to 
agree on the rate for one fare, and the question of one or two fares will 
be regarded as still unsettled. The Commission thinks this question 
ought to be settled because it is very evident that a lower rate can be 
established and maintained with one fare than with two. 

The passenger traffic and earnings have increased since these recom- 
mendations were made, and a lower rate can be made now than at that 
time. This year the average amount paid per passenger per mile on 
the Atlantic Coast Line Railroad was 2.655 cents; on the Seaboard 
Air Line Railway was 2.382 cents ; and on the Southern Railway Avas 
2.508 cents. The average amount paid per passenger per mile on all 
roads was 2.474 cents. 

Some members of the General Assembly having expressed a desire 
that the amount of reduction of the standard rate should be fixed by 
the statute, the Commission has endeavored to ascertain and incorpo- 
rate in this report, as far as practicable, all the statistics bearing on 
this question, and have required the railroad companies to make in 
their annual report of June 30, 1906, a return of the total earnings 
within the State, and a full and complete report of the inter and intra- 
state earnings separately, which had only been done heretofore in 
their quarterly reports. 

The supervision of banks is constantly increasing in importance. 
This year there are 264 banks with $48,307,488 resources, against 
236 banks with $41,095,539 resources last year, being an increase of 
28 banks with $7,211,949 resources. During the year 45 new banks 
have been chartered and two banks have been liquidated. When we 
remember that each of these banks is required to make five reports 
each year, and that the Bank Examiner makes at least one more, 
making six in all for each bank, we can get some idea of the volume of 
the work. 

The combined work of the office has grown beyond the clerical force 
and our very efficient chief clerk is obliged at times to employ addi- 
tional help. Nearly 20,000 letters have been mailed from the office 



12 N. C. CORPORATION COMMISSION. 

this year, and more than one million words of testimony taken in 
shorthand by our stenographer. The State is fortunate in having the 
entire work of this department accomplished at a cost of $11,640. 
The work of the Tax Commission alone in those States which have a 
Tax Commission costs them nearly double the entire cost of this 
department. 

Attention has been called in this letter to several matters over which 
the Corporation Commission had no power or control. In order to 
remedy this defect in the law, we respectfully recommend that the 
Corporation Commission Act be amended so as to authorize and 
empower the Corporation Commission to make such order for the 
repairs of any railroad, or any addition to its rolling-stock, or any 
addition or improvement in the equipment of any transportation line, 
or any change in the manner of operating the roads or other trans- 
portation line and conducting its business as may be expedient and 
reasonable and just, in order to promote the security and convenience 
of the traveling public. So that the Corporation Commission shall 
have the same powers and authority over telegraph and telephone com- 
panies as it has over railroads, so far as the same may be applicable. 
Respectfully submitted, 

Franklin McNeill, Chairman. 
Sam. L. Rogers, 
E. C. Beddingfield, 

Commissioners. 



DECISIONS 



ADJUSTMENT OF COMPLAINTS 



COMMISSIONERS OF MOREHEAD CITY, CHARLES S. WALLACE, MAYOR, 
AND OTHERS v. ATLANTIC AND NORTH CAROLINA RAILROAD COM- 
PANY, ATLANTIC AND NORTH CAROLINA COMPANY. 

This cause coming on to be heard, it was agreed by Charles S. Wallace, Mayor, 
and R. W. Taylor and John J. Royall, Commissioners of the City of Morehead, 
for petitioners, and by R. P. Foster, General Manager, and R. E. L. Bunch, Traffic 
Manager, for defendants, that the petitioners would take nonsuit in case now 
pending in the Superior Court of Craven County against defendants without 
prejudice to the legal rights of either party to said suit, and that a copy of said 
order would be furnished to and filed with the Corporation Commission. 

That defendants would erect a commodious passenger and freight depot on the 
site of the present freight station in Morehead City by or before May 1, 1906, 
according to plan to be submitted to and approved by the Corporation Commission, 
which plan will show proper sewerage arrangements for said depot, for drainage, 
deodorizing, etc. 

That defendants will remove platform and depot now standing in front of the 
New Bern House. 

That defendants will cover tracks of their road between Seventh and Tenth 
streets in the city to the grade of the street, so that carriages and vehicles may 
cross. 

That defendants will not make up any trains within said city west of Sixth 
Street, and will do only such switching within said city as will be necessary to 
deliver or remove freight from warehouse and private sidings. 

That carload for delivery on public team-track shall not be delivered in the 
residence portion of the city. 

The petitioners have filed a copy of order of nonsuit, according to the above 
agreement. 

By consent, it is ordered that defendants erect a depot building at the present 
site of the freight station in Morehead City, by or before May 1, 1906, according 
to plan to be submitted to and approved by the Corporation Commission, and in 
other respects carry out the above agreement. 

This cause is retained for further direction. Franklin McNeill, 

Chairman. 



J. H. FULTON v. ATLANTIC AND YADKIN RAILWAY COMPANY. 

This was a complaint as to the condition of the railroad between Greensboro 
and Mount Airy. 

This was called to the attention of the Southern Railway, and on November 1, 
1905, the Corporation Commissioners inspected this road from Greensboro to 



14 BT. C. CORPORATION COMMISSION". 

Mount Airy and found that considerable work had been done thereon after 
July 1st, 

Mr. E. H. Coapman, Division Superintendent, accompanied the Commissioners 
on this inspection and reported the road in safe operating condition. 

A detailed statement of the work done on this road from July i to November 1, 
1905, was furnished by Mr. Coapman, and is filed herewith. 



BOARD OF ALDERMEN OF THE CITY OF GOLDSBORO v. ATLANTIC COAST 
LINE RAILROAD COMPANY, SOUTHERN RAILWAY COMPANY, ATLAN- 
TIC AND NORTH CAROLINA COMPANY. 

This proceeding was begun by petition by Board of Aldermen of the City of 
Goldsboro for the establishment of a union passenger station by the three roads 
entering the city of Goldsboro, to-witj Southern Railway Company, Atlantic 
Coast Line Railroad Company, and Atlantic and North Carolina Company at 
Goldsboro. 

These three companies admitted that it was practicable and that the necessities 
of the case required that a union passenger station be constructed, and agreed to 
unite in the joint undertaking of erecting, constructing, and maintaining such 
union passenger station commensurate with the business and revenues of said 
railway companies. 

On January 4, 1906, after notice to complainants and railroad companies, the 
Corporation Commission held a session at Goldsboro, no site having been chosen 
for the erection of said union station. The railway companies moved the Commis- 
sion to continue the proceeding for ninety days, in order that they might confer 
and choose some suitable and available site. 

On April 3, 1906, the railroad companies reported to the Corporation Commis- 
sion that they had agreed upon the location of said union passenger station, and 
accompanied their report with blue-print showing location thereof and tracks con- 
nected therewith. 

Several citizens — Henry Weil, Solomon Weil, Joe Rosenthal, Charles Dewey, 
Nathan O'Berry, W. T. Hollowell, Junius Slocomb, and others — filed exceptions to 
said report, alleging as ground therefor that such location would greatly incon- 
venience the citizens of Goldsboro and the traveling public, and work irreparable 
damage to a large proportion of the property-owners of the city of Goldsboro. 
These exceptions were heard on the 3d day of May, 1906, at Goldsboro, after due 
notice to complainants, defendants, and the parties excepting. 

In this hearing the parties excepting were represented by W. T. Dortch, Esq., 
and numerous other citizens who favored the location agreed upon by the railroad 
companies were represented by I. F. Dortch, Esq. 

The complainants, through their Mayor, Hon. George E. Hood, stated that the 
site agreed upon or any other that would be approved by the Corporation Com- 
mission would be satisfactory to them. 

Of the citizens who excepted, the following were introduced as witnesses and 
testified, and their testimony was taken by stenographer and typewritten, namely : 
Nathan O'Berry, G. A. Norwood, Dr. M. E. Robinson, N. T. Yelverton, W. T. 
Harrison, M. K. Best, and Charles Dewey. 

Several citizens who favored the location agreed upon were introduced as wit- 
nesses and testified, and their testimony was also taken by stenographer and 



COMPLAINTS AND DECISION'S. 15 

typewritten, namely: J. M. Hollowell, E. B. Borden, Henry Lee, L. M. Michaux, 
John Slaughter, J. L. Borden, George C. Southerland, R. A. Creech, J. M. Allen, 
C. B. Miller, J. W. Isler, N. H. Castex, and J. E. Robinson. 

From this evidence the Corporation Commission finds the following facts : That 
the location agreed upon is accessible and available for each of the three railway 
companies, that it is within four blocks of the site used at present by the said 
railway companies, and that the grounds are spacious and ample for the construc- 
tion of yards, sheds, and buildings necessary for the convenience, comfort, and 
protection of the traveling public, and this location will promote the convenience 
of the traveling public. 

The evidence showed that there is constant and increasing danger resulting 

from the operation of trains on Center Street, and this will to a great extent be 

removed by adopting the proposed site. _ '.. ^ T 

J r b r * Franklin McNeill, 

Chairman. 



J. J. LAUGHINGHOUSE v. ATLANTIC COAST LINE RAILROAD COMPANY, 
ATLANTIC AND NORTH CAROLINA COMPANY. 

This was a petition asking that the Atlantic and North Carolina Company 
be required to hold its passenger train at Kinston until 8:30 P. M., if neces- 
sary, to make connection with the Atlantic Coast Line train due to arrive at 
Kinston at 6:45 P. M. The Atlantic and North Carolina's train is due to leave 
Kinston at 7:00, but is required by this Commission to hold its train twenty 
minutes for connection with the Atlantic Coast Line, so that there is now a margin 
of thirty-five minutes provided for this connection. 

By reference to the schedule actually made by the Atlantic Coast Line Railroad 
Company for December and January, 1906, which will appear from copy of record 
of train sheets of the Atlantic Coast Line for these months, on file in this case, 
it will appear that even if such order had been made, the connection would not 
have been made more than eight times in the month of December, for this train 
was from 100 to 400 minutes late on several days in this month. 

The Atlantic and North Carolina's train leaves Morehead City in time to make 
connection at New Bern with the boat for Elizabeth City. There is considerable 
travel from Morehead City and intermediate points to Goldsboro and points 
beyond, and if this train were held at Kinston this part of the traveling public 
would be annoyed and inconvenienced thereby, as the train would reach Goldsboro 
too late for passengers beyond to get supper. 

In addition to the train at Kinston which leaves Greenville at 5:49 P. M., 
there is another train leaving Greenville (petitioner's home) at 4:27 P. M., on 
which passengers can travel via Parmele and Rocky Mount, making connection 
with the Southern Railway train at Selma at 10:30 P. M. 

Upon careful consideration of all the facts, the Commission is of the opinion 

that it is not reasonable to grant the prayer of petitioner. The Commission has 

urged the Atlantic Coast Line Railroad Company to improve its service between 

Weldon and Kinston, and to use every effort to make this connection at Kinston. 

This proceeding is dismissed. ~ ,, „ 

r & Franklin McNeill, 

Chairman. 



16 N. C. CORPORATION COMMISSION. 

CITIZENS OF SANFORD AND OTHERS v. SOUTHERN RAILWAY 

COMPANY. 

A petition was filed on the 2d day of June, 1906, by J. W. Scott and others, 
citizens of Sanford, alleging, among other things, that the connection between the 
Southern Railway train No. Ill and the Seaboard Air Line train No. 84 at 1:05 
A. M. at Raleigh was necessary for the convenience of the traveling public, and 
praying that the change of schedule proposed by the Southern Railway be not 
allowed; and other petitions of same purport on different dates, up to and includ- 
ing June 9th, were also filed, which said petitions were served on Southern Rail- 
way — the first one on the 2d day of June. 

Acting upon petitions and schedules which had existed for a number of years, 
and the schedule filed by Southern Railway, on the 9th day of June the Corpora- 
tion Commission issued an order, which appears in the record. 

On Monday the Southern Railway brought suit in the Circuit Court of the 
United States for the Eastern District of North Carolina against the Corporation 
Commissioners and others, and obtained a restraining order from said Court, 
restraining and enjoining the said Commissioners from instituting any suits or 
prosecuting any actions against the said Southern Railway or its officers or 
employees for any alleged violation of or for any penalties or damages claimed to 
arise out of or by virtue of the order made by the Corporation Commission on 
June the 9th, 1906. 

A copy of the bill and restraining order in this suit was served on Commis- 
sioners McNeill and Rogers on Monday, June the 11th, and on Commissioner 
Beddingfield on Tuesday, June the 12th. 

On the 11th day of June counsel for the Southern Railway appeared before the 
Corporation Commission and filed a petition and bond for the removal of this 
proceeding to the Federal Court, and thereafter filed an answer to all of the 
petitions filed. 

Counsel for petitioners, Duncan E. Mclver and R. W. Winston, likewise 
appeared. The petition to remove the cause was refused, and thereupon counsel 
for Southern Railway insisted upon hearing the cause as speedily as practicable. 
Counsel for petitioners insisted that the case be left open and continued until 
Friday, the 15th day of June, at 11 o'clock, in order that they might have an 
opportunity to consider the matter and determine upon their action. This request 
of counsel for petitioners was granted. 

On Friday, the 15th day of June, at 11 o'clock A. M., in accordance with 
said continuance, counsel for petitioners and for defendant appeared. R. T. Gray, 
Esq., for himself and other counsel for petitioners, notified the Corporation Com- 
mission that in behalf of petitioners he withdrew all of the petitions heretofore 
filed, and asked the Corporation Commission to make an order accordingly. 

Counsel for Southern Railway filed exceptions to the order of the Corporation 
Commission made on June the 9th. 

Upon foregoing facts, and at the request of counsel for petitioners, it is ordered 
that the said petitioners be permitted to withdraw their petitions; and in com- 
pliance with the request of the said petitioners, it is ordered by the Corporation 
Commission that the said petitions be withdrawn and that this proceeding be 

dismissed. ^ ,, XT 

Franklin McNeill, 

Chairman. 



North Carolina Srare Library 
Raleigh 

COMPLAINTS AND DECISIONS. 17 



IN RE WRECK ON SEABOARD AIR LINE RAILWAY ON JULY 22, 1906, BY 
COLLISION OF PASSENGER TRAIN SECOND No. 44 AND FREIGHT 
TRAIN FIRST No. 39, BETWEEN ROCKINGHAM AND HAMLET. 

The Corporation Commission, having heard that there was a wreck on the Sea- 
board Air Line Railway between Rockingham and Hamlet, in which several per- 
sons were killed and injured, proceeded on July 23, 1906, to investigate the same, 
and examined as witnesses Clem Lane, chief train dispatcher of the Seaboard Air 
Line Railway, at Raleigh, and the train register and book of train orders of his 
office; also M. Jewell, the train dispatcher who issued orders directing the move- 
ments of these trains; S. F. Teague, day operator, and William E. Luther, night 
operator, at Rockingham; J. B. Kirkman, operator at Hamlet, and W. J. Jenks, 
division superintendent of the Seaboard Air Line Railway — these being the per- 
sons haying knowledge of the facts concerning the cause of the wreck. 

The evidence of these parties was taken by the stenographer and typewritten 
copies thereof filed herewith. 

It appears that there were twenty-two or more persons killed and thirty-five 
or more injured. 

This collision was caused by failure of agents of the railroad company to 
observe and obey the rules and regulations of the company governing the move- 
ment of trains. 

It would serve noi useful purpose for the Corporation Commission to find Which 
agent or agents are guilty of negligence in this matter, as such finding would not 
be binding or conclusive upon any one, and might be prejudicial in other investi- 
gations. The purpose of- our investigation, as we understand it, is that the Cor- 
poration Commission might take such measures within their powers as to prevent 
the recurrence of such accidents. We are satisfied that the collision would not 
have occurred had the block system been in operation on the portion of the road 
where it occurred. The operator at Rockingham and the operator at Hamlet, only 
six miles apart, permitted trains to leave these places at about the same instant 
of time, meeting each other, and neither knew that this had been done until the 
trains were beyond their control. This could not have happened under the block 
system. 

Eight passenger and seven freight trains, besides the special trains, daily go 
over the Seaboard Air Line single track between Hamlet and Monroe. 

We have no power to order the block system of signals to be put in operation on 
this section of the road, but we do most earnestly recommend that the Seaboard 
Air Line Railway install the block-system service between Hamlet and Monroe as 
soon as practicable. 

And it is ordered that a copy of this report be mailed to Mr. Alfred Walter, 
president of the Seaboard Air Line Railway. 

This the 26th day of July. 1906. Franklin McNeill, 

Chairman. 



18 N. C. CORPORATION COMMISSION. 

CITIZENS OF LUMBERTON v. SEABOARD AIR LINE RAILWAY, RALEIGH 
AND CHARLESTON RAILROAD. 

This is a petition for union passenger station at Lumberton, N. C. 

The following are the facts: 

The Raleigh and Charleston Railroad have no' depot qi Lumberton and they 
now use the depot facilities of the Seaboard Air Line Railway by contract and 
pay therefor $10 per month. 

The Seaboard Air Line Railway have a passenger depot, which is dilapidated 
and is entirely inadequate for the purpose for which it was erected. 

There is now a population of about 3,500 inhabitants within a radius of about 
one mile and a half of this depot, and on account of the manufacturing enter- 
prises, and for other reasons, this population is increasing rapidly. 

The Raleigh and Charleston Railroad have only owned and operated their road 
for a short time, and therefore could only report passenger revenue for a period 
of five months. The number of passengers during this period was 1,920, and the 
revenue therefrom was $1,166. 

The Seaboard Air Line Railway for twelve months, ending May 31, 1906, had 
18,029 passengers out of Lumberton; the number of passengers into Lumberton 
for this period could not be furnished on account of loss of records of Seaboard 
Air Line Railway by fire. The average number of passengers out of Lumberton 
per day for each month varied from thirty-four to sixty-six. The Seaboard Air 
Line Railway received revenue for twelve months ending with December 31, 1905, 
from freights received, $21,890.96; from freights forwarded, $85,072.24; and 
from passengers for the *ame period, $13,807.69; making a total of $120,769. 

In the judgment of the Corporation Commission it is practicable, and necessities 
of the case require, that the Seaboard Air Line Railway and the Raleigh and 
Charleston Railroad have one common or union passenger depot for the security, 
accommodation, and convenience of the traveling public. 

It is ordered that the said railroad companies unite in the joint undertaking and 
expense of erecting, constructing, and maintaining such union passenger depot 
commensurate with the business and revenues of the said railroad companies. 

And it is further ordered that said railroad companies report plan and specifi- 
cations of said union passenger depot and agreement as to terms, regulations, 
provisions, and conditions to this Commission within thirty days from the date 

hereof. ^ __. ^ T 

FRanklin McNeill, 

— — Chairman. 



IN THE MATTER OF INVESTIGATION OF PITTSBORO BRANCH, 
SEABOARD AIR LINE RAILWAY. 

This investigation and report is made upon complaint of Mr. W. C. Jones, of 
Greensboro, a passenger over the Pittsboro' branch about April 13th, and by a 
petition of citizens of Pittsboro and vicinity expressed in a resolution at a public 
meeting held in Pittsboro July 26, 1906, urging an immediate investigation of 
said road, and alleging that two accidents had happened on the Pittsboro branch, 
one on the 24th and one on the 25th of July; that the cause of the accident was 
rotten ties, and that the condition of said railroad endangers the life of passen- 
gers traveling over it. 

The Commissioners made an inspection of the road and an investigation of the 
accident the 28th ultimo. They were accompanied over the road by Maj. H. A. 



COMPLAINTS AND DECISIONS. 19 

London and Mr. Node, on behalf of the citizens of Pittsboro, and W. J. Jenks, 
superintendent, and J. A. Tussey, roadmaster. 

At Pittsboro Mr. J. E. Harman, W. C. Griffin, Jim Brown, and Thomas, 

citizens, were examined; also J. F. Alston, conductor, and Pearce, engineer. 

We find that within the last twelve months there have been several derailments 
on this branch; that the accidents referred to in the petition occurred on July 
the 24th and 25th. There was no loss of life, however, and but little damage to 
property. The roadbed and tracks at the date of inspection at the point where 
the accidents took place were carefully repaired; therefore we cannot say what 
the accidents were attributable to. Along the right-of-way were several rotten 
ties that had been removed from the section of road repaired. It was admitted 
by the engineer of the train that he was operating his engine backward at the 
time of the accident on July the 25th. The road force on the eleven miles from 
Pittsboro to Moncure has been an average of less than three men. The rail from 
Moncure to near the sixth mile post is 50-pound steel and cross-tied very well; 
from that point to Pittsboro, a distance of about five miles, the rail is 40-pound 
iron, practically all of which was laid at the time of the building of the road, 
twenty years ago. It is badly worn and the road poorly provided with cross-ties. 
We consider this section, at least, unsafe for the traveling public. 

The roadmaster files his report of labor performed and cross-ties used on this 
branch since January 1st, showing that he has put in 3,661 new ties and has now 
distributed along the line 3,279 to put in at once; that his present force on this 
branch is nine men. 

The Commission is not authorized to order the needed improvements made in 
this case, but urges the Seaboard Air Line Railway to at once make the Pittsboro 
branch safe for its passengers traveling over it. 

Copy of this report is ordered sent to Mr. Alfred Walter, president of the 

Seaboard Air Line Railway. _ ^ r , T 

J Franklin McNeill, 

Chairman. 



IN RE WRECK ON THE ATLANTIC COAST LINE RAILROAD AT 

AHOSKIE, N. C. 

The investigation in this case was made upon information by A. J. Connor, 
Rich Square, N. C, to the Commission on June 22, 1906, stating that on the day 
previous a wreck had occurred at Ahoskie, N. C, in which lives were lost, 

A member of the Commission went to the scene of the wreck immediately, 
finding the wreck partially cleared up and the dead bodies removed. Dr. J. H. 
Mitchell, coroner of Hertford County, had held an inquest over the dead and had 
made an examination of all the witnesses available as to the cause of the wreck. 

A statement of the evidence, taken by the coroner, of witnesses V. E. Edmunds, 
engineman; C. D. Meacham, conductor; and E. L. Tyler, flagman, on train second 
No. 209; and J. V. Hotelling, conductor; James Davis, fireman, on train second 
No. 73, was procured and is filed herewith. Statements of the operator at Ahos- 
kie and the roadmaster were taken in connection with this evidence. 

The coroner's jury found that 0. K. King, engineman, and Walter Carter, 
brakeman, on second No. 73, came to their death on June 21, 1906, by a collision 
with the rear end of second No. 209, Atlantic Coast Line train, at Ahoskie, on 
account of Conductor C. D. Meacham not taking proper precautions to send 
flagman to warn the approaching second No. 73. 



20 N. C. CORPORATION COMMISSION. 

The evidence in this case seems to warrant the finding of the jury. There may- 
be mitigating conditions. It is difficult, however, to further examine Conductor 
Meacham, as he is not now in the railroad service, and not a citizen of this State, 
but the evidence shows that he allowed his train, second No. 209, to stand on the 
main line at Ahoskie for ten or twelve minutes in a dense fog, conscious of 
second No. 73 following him, without protecting his train by signals of any kind, 
while remaining in the caboose himself and employing his flagman for other pur- 
poses, and in violation of the company's rules. 

It appears from report of Mr. A. W. Anderson, superintendent of the Atlantic 
Coast Line Railroad Company, that the crew of second No. 209 had been on duty 
about five hours and thirty-five minutes, and that the crew of second No. 73 had 
been on duty about two hours and a half next before this accident occurred. 

It further appears that the portion of the railroad where this accident occurred 

is not supplied with the block system, and that instructions have now been issued 

to block the entire line from Tarboro to Pinners Point ; and it is the opinion of 

the Commission that blocking this road is as great precaution as can be used to 

prevent the recurrence of an accident like this. ^ ,, AT 

F Franklin McNeill, 

Chairman. 

J. D. ELLIOTT v. ATLANTIC COAST LINE RAILROAD COMPANY, IN THE 
MATTER OF DEMURRAGE. 

The complainant in this case asked demurrage of the railroad company on 
account of its delay of cars in its yards at Wilmington, containing shipments 
intended for delivery at Swift & Co.'s industrial plant, located at the terminus of 
a private siding, four miles distant from their said yards; and asks the Commis- 
sion for the construction of rule to enforce the collection of the same. 

The railroad company claims that they perform the service asked by the com- 
plainant in this case as a special service, without extra charge: that the line 
from their yards to the place of delivery is a private track; that it is four miles 
long, and that there is no contract between the railroad company and the com- 
plainant or Swift & Co. requiring them to make delivery of freight at the point 
desired for unloading; that the destination of the freight referred to is Wilming- 
ton, and that the demurrage charges under the Commission's rule do not accrue. 

The Commissioners assume that the freight referred to is intrastate commerce. 
They are of the opinion that if the rails reaching Swift & Co.'s plant, the place 
for delivery of the freight referred to, are private property, that no rule of 
the Commission exists by which demurrage can be enforced. 

Franklin McNeill, 
Chairman. 

CITIZENS OF APEX v. SEABOARD AIR LINE RAILWAY, DURHAM AND 
SOUTHERN RAILWAY COMPANY, IN THE MATTER OF UNION PASSEN- 
GER STATION. 

This cause coming on to be heard, W. J. Jenks, superintendent of the second 
division of the Seaboard Air Line Railway, and R. I. Cheatham, general manager 
of the Durham and Southern Railway Company, personally appeared before the 
Commission, and in behalf of their respective companies they admitted the neces- 
sity of better accommodations for freight and passengers at Apex, N. C, and the 



COMPLAINTS AND DECISIONS. 21 

desirability of a union passenger station and depot. They further agreed that 
they would, at an early day, erect such union passenger station and freight depot. 
It is therefore ordered that the Seaboard Air Line Railway and the Durham 
and Southern Railway Company, within ninety days from the date hereof, shall 
erect a union passenger depot and provide adequate freight warehouse facilities 
pex, i . . Feanklin McNeill, 

Chairman. 

CITIZENS OF HICKORY v. SOUTHERN RAILWAY COMPANY, CAROLINA 
AND NORTHWESTERN RAILWAY COMPANY, PETITION FOR FREIGHT 
DEPOT FACILITIES, 

The following order was made in this proceeding December 8, 1903: 

"It is adjudged that the present depot facilities at Hickory for the handling 

of freights are insufficient and inadequate, and as at present operated, are unsafe; 
"It is therefore ordered that the Southern Railway Company and the Carolina 

and Northwestern Railway Company shall provide adequate and safe facilities 

for the handling of freights at Hickory, N. C, and that work to this end be 

begun within thirty days from this date." 

By order of the Commission : Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

It appears to the Corporation Commission that this order has not been obeyed. 
The defendants undertook to obey it by enlarging the present freight warehouse at 
Hickory, and were enjoined by the city of Hickory on the ground that this would 
create a public nuisance. The action in which the injunction was issued was insti- 
tuted in the Superior Court of Catawba County, and the judgment of that Court 
was affirmed in the Supreme Court, making the injunction perpetual, and the 
action was finally disposed of July 14, 1906. 

There is, therefore, now no reason why the order of the Corporation Commission 

should not be obeyed. The said order is, therefore, affirmed and renewed, and it 

is now ordered that work to put the same into effect be begun by the defendants 

within thirty days from this date. ^ „, „ 

J Franklin McNeill, 

Chairman. 



T. T. THORNE v. ATLANTIC COAST LINE RAILROAD COMPANY. 

It appears to the Commission that the shipment in question is interstate, and 
from correspondence with the Interstate Commerce Commission it appears that 
the rates charged are in line with the rates filed by common carriers in their 
office. 

Copy of letter from the auditor of the Interstate Commerce Commission should 

be sent to Mr. Thome, and this case is dismissed. T , ,.- „ 

Franklin McNeill, 

Chairman. 



Mcdowell furniture company, by c. j. field, agent, v. southern 

railway company. 

Complainant claims $11.42 due them by defendant by reason of overcharge on 
car B. & O. No. 68260, for furniture shipped from Marion, N. C, to Wilming- 
ton, N. C, on February 26. 1906. 



22 N. C. CORPORATION COMMISSION. 

The shortest rail route from Marion to Wilmington is by Southern Railway to 
Rutherfordton, and thence by the Seaboard Air Line Railway to Wilmington. If 
this route had been adopted the freight charge would have been <$11.42 less than 
it was, but the Southern Railway alleges that there is no physical connection of 
its line and the Seaboard Air Line Railway at Rutherfordton, and therefore, could 
not be transferred there, and that there is no overcharge. 

There is no track connection of the two railroads at Rutherfordton, and this 

case is dismissed. 

Franklin McNeill, 

Chairman. 

J. C. STEVENS & CO. v. ATLANTIC COAST LINE RAILROAD COMPANY. 

It appears that all of the shipments upon which complainant demands demur- 
rage are interstate, except one which was shipped from Winston-Salem and is 
package shipment. 

Less than carload shipments do not take trackage delivery, and on these facts 

this case is dismissed. -r, ,.. , T 

Franklin McNeill, 

Chairman. 



W. E, WORTH & CO. v. ATLANTIC COAST LINE RAILROAD COMPANY. 

In the case of McNeill and others v. Southern Railway Company, it is adjudged 
by Supreme Court of the United States at its last session that the North Caro- 
lina Corporation Commission cannot regulate the delivery of carload interstate 
shipments. This case is therefore dismissed. Franklin McNeill, 

Chairman. 

CITIZENS OF PROCTORVILLE v. ATLANTIC COAST LINE RAILROAD 
COMPANY, RALEIGH AND CHARLESTON RAILROAD. 

It appears to the Commission that the Atlantic Coast Line Railroad Company 
has a depot at Orrum, two miles distant from Proctorville on one side, and 
another at Ashpole, 4.6 miles distant on the other side of Proctorville. The 
Raleigh and Charleston Railroad has no depot within ten miles. 

The Commission is of opinion that they have no power to' order a station to 
be erected by the Atlantic Coast Line Railroad Company at Proctorville because 
they have stations within five miles thereof. That the revenue of the Raleigh and 
Charleston Railroad has not been shown to be sufficient to require them to erect 
station, but the Commission recommends that the shed for the protection of 
passengers be repaired and enlarged so as to protect passengers at this point. 

Franklin McNeill, 
— — Chairman, 

CITIZENS OF ALBEMARLE v. SOUTHERN RAILWAY COMPANY. 

The complaint in this case was made by the citizens of Stanly County and of 
the town of Albemarle, alleging that the station at Albemarle, a freight and 
passenger combination building, is inadequate to accommodate the public travel 
and to handle the freight passing through it; and that the sidetracks at that 
point are insufficient to handle in a reasonable time the business done there; that 
the road-bed between Salisbury and Albemarle is almost impassable, and danger- 



COMPLAINTS AND DECISIONS. 23 

ous to the lives of persons passing over it; that wrecks are frequent, entailing 
loss and damage to> the business men along the line; that the track of the Yadkin 
branch is in such bad condition that wrecks or delays occur on almost every trip; 
that said road is known to have as many as two wrecks at one time, the passenger 
and freight trains both being on the ground at the same time — all on account of 
the carelessness and negligence of the company, done, they believe, to save the 
company the expense of necessary repairs and maintenance, 

A similar complaint was filed against this road more than a year ago, and an 
inspection of the road from Salisbury to Norwood and an investigation of the 
conditions complained of was made in April, 1905, by tin 1 Commission. They 
were accompanied over the road by Superintendent Baker and Engineer Fry. 
The Commission's report was made May 12, 1905. It was their opinion then that 
the complaint was well founded. The Commission was assured that the necessary 
repairs and improvements would be provided. Some improvement has been made. 
Some 60-pound rails have been laid on this line since the Commission's report, and 
a more comfortable and satisfactory passenger coach has been put into service. 

The Commission is advised that the general superintendent, on May 6th of this 
year, was preparing plans and specifications for the enlargement of the freight 
facilities at Albemarle, and that the work would begin at an early day, and that 
arrangements are being made for five miles more of 60-pound rail. 

An investigation shows, however, that within the last year many derailments 
have occurred; wrecks have happened in which delays and loss of property were 
involved, and one collision in which serious damage to persons was suffered. It 
is true that for several weeks past continuous rain has made it difficult to keep 
in good condition the railroad bed, but these casualties, taken in connection with 
the findings of the Commission, upon their inspection on the 13th inst., namely, 
that there still remains in this road-bed many defective ties ; that the grade is 
heavy, laid with light rails; that the road-bed is not in good condition; and at the 
date of inspection, and for several days prior thereto, the track force for this 
entire line was discharged or unavailable, does not allow the Commission to 
change its opinion in this case, viz. : That the complaint in this case is w T ell 
founded; that the railroad company is not free from negligence in allowing the 
conditions to continue, and that they should be reqnired to employ necessary 
labor for this branch to make the needed changes in it u physical condition and to 
provide the improvements suggested. 

Ordered, that a copy of these findings be served on the Southern Railway Com- 
pany, which company now operates the railroad by reason of ownership of stock 

in the Yadkin Railroad Company. ™ . -., XT 

1 - Franklin McNeill, 

Chairman. 

S. B. McLEAN, J. C. GORE, D. L. GORE, AND OTHERS, v. SEABOARD AiR 

LINE RAILWAY. 

This was a complaint that defendant road from Hamlet to Wilmington was in 
an unsafe and dangerous condition. 

The Corporation Commissioners visited and inspected this line of road in 
company with Superintendent Jenks and Roadmaster Harrison, on the 23d of 
August, 1906. 

The road is not in good condition; the rails are light, being 50-pound, and old, 
having been in use probably since 1882. Many cross-ties are defective and the 
road-bed soft from need of drainage. It is claimed that the condition of this road- 



24 N. C. COEPOEATION COMMISSION. 

bed is primarily due to recent excessive rains, and asserted by the superintendent 
and roadmaster with apparent confidence that with prudent operation of trains 
the road is not in a dangerous condition. In proof of this assertion they say 
that with eight trains passing over it daily, and such extras as are run, there had 
been but three derailments within the last twelve months, and that only one of 
these could in any way be attributed to the condition of the track. 

These officers reported to the Commissioners that by a recent order there is no 
limit put upon them by the management as to the amount of labor that may be 
worked on this line to keep ditches open, and that they were working at that time 
about fifty-five hands in cleaning out ditches and draining the road. 

The general superintendent also assured the Commissioners that the company 
had arranged to replace the old and light rails now on this road with new and 
heavier rails early in 1907, and that by this time the road will be put in thor- 
oughly good condition. 

The Commissioners are of the opinion that the freedom from accidents which 
this road has enjoyed is attributable to the prudent management of those operating 
their trains, and to the fact that the road is so straight, there being in this line 
of road the longest straight line track in the State, rather than to the safe con- 
dition of the road. But defendant is now doing and promises to continue to 
prosecute the work which the Commission would require, namely, drain the road, 
surface it as soon as conditions and weather will permit, and replace the old 
and light rails with new and heavier ones, and put the road in thoroughly good 
condition; and this to be completed in the early part of 1907. 

Fkanklin McNeill, 
Chairman. 

CITIZENS OF HIGH POINT v. SOUTHERN RAILWAY COMPANY. 

On July 27, 1906, complaint was made by the citizens of High Point that the 
Southern Railway was not furnishing them with sufficient cars to* move their 
shipments, and that they needed sixteen 36-foot cars that day. 

The matter was taken up with the officials of the Southern Railway and the 
cars were furnished; but on the 31st complaint was again made that the shippers 
needed eight 50-foot cars, five 40-foot cars, and six 36-foot cars. This congestion 
was also partially relieved; but on August 2d the shippers still complained that 
they needed seven 50-foot cars and six 40-foot cars. This complaint was also 
taken up with the officials and no further complaint was made until August 24th, 
when the shippers of High Point again complained that the business was con- 
gested and that the Southern Railway refused to allow certain cars on their yards 
to be loaded, and requested that the Commission go to High Point and hear the 
case there. 

Monday, August 27th, was the day fixed by the Commission, and they accord- 
ingly met in High Point on that date and this case was called for hearing. Fred 
N. Tate, chairman of the Case Workers Association's Committee on Transporta- 
tion, represented the complainants, and G. W. Taylor, superintendent of transpor- 
tation; E. H. Coapman, assistant superintendent of transportation; W. S. An- 
drews, division superintendent; and G. G. Thompson, Jr., division freight agent, 
represented the Southern Railway. 

The complainants alleged that they were in immediate need of a large number 
of cars, about half of which should be 40 and 50 foot cars; that the Southern 
Railway had then on their yards in High Point a sufficient number of 40 and 



COMPLAINTS AND DECISIONS. ZO 

50 foot cars to supply their immediate needs ; that the Southern Railway refused 
to allow these cars to be loaded and insisted that 36-foot cars be used instead. 

The complainants also alleged that if a shipment contains more than can be 
put in a 36-foot car the Southern Railway charges for the excess at L. C. L. rates, 
which causes the whole shipment to move at a considerably higher average rate 
than if it had all been put in one 40 or 50 foot car; that the Southern Railway 
advertises a rate for 40 and 50 foot cars; that having so advertised, it is their 
duty to furnish the equipment, or if they cannot do so they should carry the 
40 and 50 foot carload at the advertised rate, although it should be necessary to 
load it in two 36-foot cars instead of one 40 or 50 foot car; that as a matter of 
fact the Southern Railway does so carry shipments moving from High Point to 
southwestern territory beyond the Mississippi River, but refuses to do so when 
the shipments are going to any other points, even when they stop on the Southern 
Railway's own lines. 

To these allegations the Southern Railway answered that of the cars needed 
by the complainants on the 24th, twenty-eight cars had been placed before and 
during the 27th; that some of these were 40 and 50 foot cars, but a majority 
were 36-foot cars; that they were ready to furnish all the 36-foot cars needed to 
take care of the shipments offered at High Point ; that they had made requisitions 
upon connecting lines for 40 and 50 foot cars, and as fast as they could be 
obtained the same would be placed for loading in High Point. They further 
answered that as to the cars now on yards at High Point, mentioned by the 
complainants, those cars were the property of certain railroads which forbade 
their being sent to any other territory than that from which they came, and that 
the Southern Railway had no option to do other than obey these instructions of 
their connecting lines owning this 40 and 50 foot equipment; that it was true 
they charged a higher rate for less than carload shipments, or when the shipment 
tendered was more than could go in one car, they charged for the excess at L. C. L. 
rates to all points except southwestern; that the reason for this exception was the 
Southwestern tariff in force in that territory allowed shipments to be so made, 
and the Southern give their shippers the benefit of the rule, but the tariff in force 
everywhere else did not allow divided shipments at the same rates and that the 
Southern Railway was obliged to be governed by tariff in force in the territory 
to which she carried freight, or the entire loss in the rate would fall upon the 
Southern Railway alone. 

They also stated that of the cars ordered for High Point shippers only four 
were for North Carolina points — all the rest being interstate shipments — and that 
these four cars had been placed. 

The Commission found: 

1. That there was considerable congestion of business at High Point, due to 
scarcity of cars of proper dimensions furnished by the railroad company. 

2. The officials of the Southern Railway, at the time of the hearing, were 
very diligent in trying to> obtain from their connections the necessary equipment, 
but they had ample notice and should have provided the cars sooner. 

3. The Commission is of the opinion that a railroad company, owning cars and 
shipping them off their own lines, has a right to require the same to be returned 
to them after they have reached their destination, and that a railroad company so 
receiving cars has no right to route them, in a contrary direction. 

4. The Commission is also of the opinion that when the Southern Railway 
advertises a rate for 40 and 50 foot carloads, and a shipper tenders them such a 



26 N. C. CORPORATION" COMMISSION. 

load, they are bound to carry the same at the advertised rate, even though it 

was necessary to load it in two' 36-foot cars because of the railway's failure to 

furnish a 40 or 50 foot car as requested, provided the shipment is destined to a 

point on the Southern's lines. _ ,, __ 

1 Franklin McNeill, 

Chairman. 

IN RE PETITION OF SOUTHERN RAILWAY COMPANY FOR EXEMPTION 
OF CHAIR CARS ON TRAINS Nos. 108 AND 135, BETWEEN GREENS- 
BORO AND GOLDSBORO, FROM OPERATION OF PROVISIONS OF THE 
LAW REQUIRING SEPARATE ACCOMMODATIONS FOR THE RACES. 

It appearing from the petition in this case that the Southern Railway Company, 
for the purpose of increasing its passenger facilities, contemplates adding chair 
cars to trains Nos. 108 and 135, between Greensboro and Goldsboro; and that such 
chair cars will not be patronized to any extent by the colored race; and that 
these trains will, as formerly, provide first and second class accommodations for 
each of the races; 

On motion, it is ordered that said Southern Railway Company be and they are 

hereby exempted from furnishing separate chair car accommodations on said 

trains for the races; and that this order be effective from this date and until it 

is modified or annulled by the Commission. _. ,, „ 

J Franklin McNeill, 

Chairman. 



EUGENIA MANUFACTURING COMPANY, CLARK MANUFACTURING COM- 
PANY, TO THE COMMISSION, APPLICATION FOR ADDITIONAL TIME 
IN WHICH TO UNLOAD SLABS. 

The Clark Manufacturing Company and the Eugenia Manufacturing Com- 
pany, by their president, David Clark, made application to the Corporation 
Commission to have slabs, a fuel for furnaces, placed in the Commission's excep- 
tion list to Demurrage Rule 3, of shipments taking seventy-two hours for delivery 
without demurrage charge. 

The Atlantic Coast Line Railroad Company and other railway companies, also 
the North Carolina Car Service Association, were served notice of this application. 

The Atlantic Coast Line Railroad Company and the Car Service Association 
made answer, objecting and desiring to> be heard on the application. September 
14th was fixed as the day for hearing. The plaintiff and defendants were duly 
notified, and the hearing taken up on that day. P. R. Albright of the Atlantic 
Coast Line Railroad Company, and R. M. Albright of the North Carolina Car 
Service Association, Avere present on behalf of defendants. No one was present 
representing the plaintiff. 

It appearing to the Commission, from the proof offered by the defendants, 
that at Jonesboro, the location of these manufacturing plants, the Eugenia Manu- 
facturing Company is 1,050 feet and the Clark Manufacturing Company is 
1,140 feet from the point at which the shipments of slabs are placed for unloading; 
that a car of slabs had been removed from the car to one of these plants in one 
day by one-horse team; that slabs are hauled in the same manner and can be 
handled as quickly as wood, lumber, and other similar materials provided for 
under the forty-eight hour rule; that a minimum charge is made for this class 
of freight, and that it is not subject to damage in unloading. 



COMPLAINTS AND DECISIONS. 27 

Slab wood has a special rate, providing for a haul of 24,000 pounds, five miles, 
for $4.00, rising to $4.75 for fifty miles, the limit in which slabs are mostly 
bought for fuel. And as there has never been any objection made to the Com- 
mission's rule charging demurrage after forty-eight hours, for this or similar 
freight, and no proof being offered by the plaintiff in this hearing, the Com- 
mission is of the opinion that the application should be denied. 

Franklin McNeill, 
Chairman. 

CITIZENS OF HICKORY v. SOUTHERN RAILWAY COMPANY, CAROLINA 
AND NORTHWESTERN RAILWAY COMPANY, PETITION FOR FREIGHT 
DEPOT FACILITIES. 

This case was heard on the 12th day of September, 1906. 

The plaintiffs were represented by Messrs. E. B. Cline and W. A. Self, attorneys, 
and also by J. D. Elliott, mayor of the city of Hickory. 

The Southern Railway Company was represented by Messrs. W. B. Rodman and 
F. H. Busbee, attorneys; and the Carolina and Northwestern Railway Company 
by General Manager L. T. Nichols. 

The following are the facts: 

On December 8, 1903, the following order was made by this Commission: 

"It is adjudged that the present depot facilities at Hickory for the handling 
of freights are insufficient and inadequate, and as at present operated are unsafe; 

"It is, therefore, ordered that the Southern Railway Company, and the Caro- 
lina and Northwestern Railway Company shall provide adequate and safe facil- 
ities for the handling of freights at Hickory, N. C, and that work to this end be 
begun within thirty days from this date." 

This order was served on defendant Southern Railway Company December 8, 
1903, and on defendant Carolina and Northwestern Railway December 8, 1903. 
No exceptions were filed to this order by either of the defendants within ten 
days after the service thereof. The Southern Railway Company undertook to 
obey the order by enlarging the freight warehouse then occupied at Hickory, and 
were enjoined in an action in the Superior Court of Catawba County by the 
Board of Aldermen of the city of Hickory, among other reasons, on the ground 
that this would be a public nuisance. The action in which this injunction was 
issued, after having been heard in the Supreme Court of the State on three sep- 
arate appeals, was finally disposed of on the 14th day of July, 1906, by judg- 
ment of the Superior Court of Catawba County; and this fact was called to the 
attention of the Corporation Commission on the 26th day of July, 1906, and, 
thereupon, on the 4th of August. 1906, the Corporation Commission issued notice 
to the Southern Railway and the Carolina and Northwestern Railway Companies 
as follows: 

PETITION FOR FREIGHT DEPOT FACILITIES. 

"The following order was made in this proceeding December 8, 1903 : It is 
adjudged that the present depot facilities at Hickory for the handling of freights 
are insufficient and inadequate, and, as at present operated, are unsafe ; 

"It is, therefore, ordered that the Southern Railway Company and the Carolina 
and Northwestern Railway Company shall provide adequate and safe facilities 



28 N". C. CORPORATION" COMMISSION. 

for the handling of freights at Hickory, N. C, and that work to this end be 

begun within thirty days from this date." 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

It appears to the Corporation Commission that this order has not been obeyed. 
The defendants undertook to obey it by enlarging the present freight warehouse 
at Hickory, and were enjoined by the city of Hickory on the ground that this 
would create a public nuisance. The action in which the injunction was issued 
was instituted in the Superior Court of Catawba County, and the judgment of 
that court was affirmed in the Supreme Court, making the injunction perpetual, 
and the action was finally disposed of July 14, 1906. 

There is, therefore, now no reason why the order of the Corporation Commis- 
sion should not be obeyed. The said order is, therefore, affirmed and renewed, and 
it is now ordered that the work to put the same into effect be begun by defendants 
within thirty days from this date. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

In response to this notice the Southern Railway Company filed exceptions, 
which will appear in the record, and counsel for complainants also filed excep- 
tions. 

The Corporation Commission is of the opinion that exceptions could not be 
filed to the order made December 8, 1903, as the time for filing exceptions thereto 
was limited to ten days after the service thereof. 

Counsel for Southern Railway Company moved: 

First. That the Corporation Commission suspend any action in this case 
until the petition to rehear the case shall have been disposed of by the Supreme 
Court, alleging that such petition had been filed on the 10th of September, 1906, 
and, 

Second. That the time stated for beginning the work be extended. 

After hearing argument of counsel and full consideration, it is now ordered 
that defendants begin the work of providing the facilities ordered December 8, 
1903, on or before November 1, 1906. 

It is further ordered that all other motions made by defendants be and the 

same are hereby overruled. -~ vx -vr 

J Franklin McNeill, 

Chairman. 

R. O. RIDDICK ET ALS. v. ATLANTIC COAST LINE RAILROAD COMPANY, 

STATION FACILITIES. 

The complaint in this case was made by citizens of Gates County, alleging 
that a certain sidetrack at the station of Gates is an obstruction to the travel 
and business, and a menace to the life of passengers leaving or taking the train 
at Gates. 

An investigation of the situation by a member of the Commission, September 
20th, showed that the station at Gates is located in the angle of the main line and 
a spur-track leading from the main line. The roads or streets to the station 
across the track and the station ground is encumbered with logs. The loading of 
the logs being clone with horses. 



COMPLAINTS AND DECISIONS. 29 

There seemed to be no great amount of business going on at this station, but as 

it is a principal station for the use of Gates County's people, the Commission is 

of the opinion that the sidetrack across the station ground and the conditions 

arising out of its use, however, justifies the plaintiff's complaint, and that the 

conditions should be remedied. ^ ,, ^ T 

Franklin McNeill, 

Chairman. 

K. F. LONG v. ATLANTIC COAST LINE COMPANY. 

This case arose on the complaint of K. F. Long, secretary and treasurer of 
Grists Fruit and Truckers Association, alleging that Grists was a large shipping 
point, at which the Atlantic Coast Line Railroad Company had discontinued the 
agency, thereby greatly inconveniencing the patrons of the road, and particularly 
the members of the above-named association. 

To this allegation Mr. A. W. Anderson, superintendent Atlantic Coast Line 
Railroad Company, answered that the compensation of the agent of Grists here- 
tofore had been an annual pass; that it could no longer continue that arrange- 
ment, and the freight business at that point was insufficient to justify a salaried 
agent, and that the station had always been a flag-station. 

The Commission made an investigation, in the course of which the chairman 
went to Grists and personally saw the complainant and other interested parties. 
From this investigation the Commission found that the revenue derived from 
freights forwarded from Grists for the year 1905, amounted to> $6,725.24, most 
of this amount falling to the months of April and May, these being the trucking 
months — in fact, the other ten months showed revenue of only $137.32. The 
incoming freights also showed a revenue of a little over $200 per month for the 
months of February, March, and April, this being derived chiefly from carload 
shipments of fertilizers — the other nine months averaging only $53 per month. 

The Commission found further that during the trucking season the shippers 
at Grists needed an agent and telegraphic service, but did not think the business 
for the remainder of the year sufficient to justify an order to the railroad 
requiring them to provide an agent and operator for the entire year. 

The matter was taken up with Mr. Anderson, Superintendent Atlantic Coast 
Line Railroad Company, and he agreed, without the necessity of a formal order 
from the Commission, to put in an agent and furnish telegraphic service during 
the trucking season, and that during this time the agent should sign all bills of 
lading for' the convenience of shippers, and that during the remainder of the year 
Grists would be a prepay station and bills of lading would be signed by the 
conductor of the freight train as at other prepay stations. 

This agreement was carried out, and the Commission is of the opinion that 
this service meets the present necessities of the shippers at Grists. 

Franklin McNeill, 

Chairman. 

JOHN L. CURRIE AND JOHN R. McQUEEN, COPARTNERS, TRADING AS 

CURRIE & McQUEEN, v. seaboard air line railway. 

On October 8, 1906, complainants appeared in person by their counsel, 
W. J. Adams, Esq., and defendant by W. R. Pace, counsel, and J. W. Jenks, super- 
intendent of defendant company. 



30 N. C. CORPORATION COMMISSION". 

This cause coming on to be heard on complaint and answer, and evidence 
offered by both parties, the following are the facts as found by the Commission: 

Complainants have timber which will cut approximately six million feet of 
lumber on both sides of defendant's road in the vicinity of Lake View, the place 
at which complainants ask that this spur-track be constructed. Complainants 
propose to erect near Lake View a planing mill, dry-kiln, etc., for the purpose of 
dressing and curing the lumber cut from said timber, and the site at which they 
ask for the spur-track is most suitable for their purposes. This lumber will be 
shipped out over defendant's road, principally to Richmond arid Norfolk, and 
the revenues derived from it by defendant will probably run to $20,000. 

Defendant has a spur-track at Lake View, but this will not answer complain- 
ants' purpose, for the reason that there is not sufficient room and that it is too 
damp, wet, and would discolor complainants' lumber. It would require spur-track 
of about four hundred and seventy feet in length. Complainants propose to do 
the grading and furnish the ties necessary for this spur-track. 

Upon the foregoing facts it is ordered that spur-track be constructed as 

petitioned for at Lake View, and that this be done within thirty days from the 

date hereof, complainants to have fifteen days in which to do the grading and 

furnish the ties, and defendant fifteen days thereafter for completing the work. 

This October 8, 1906. _ 

Franklin McNeill, 

Chairman. 



CITIZENS OF LUMBERTON v. SEABOARD AIR LINE RAILWAY, RALEIGH 
AND CHARLESTON RAILROAD COMPANY. 

Petition for union passenger station. 

Defendant in this case, having filed with the Commission plan of union passen- 
ger building, which was ordered to be erected at Lumberton, and no> exception 
having been filed thereto, it is ordered that the plan be approved. 

It is further ordered that the said depot be erected and furnished within 
ninety days from the date hereof. 

This October 9, 1906. . Franklin McNeill, 

Chairman. 

IN THE MATTER OF PASSENGER DEPOT AT LAURINBURG, N. C. 

Whereas, the necessity for the erection of a passenger station by the Seaboard 
Air Line Railway at Laurinburg is admitted by said railway company; and 
whereas, said railway company at the request and petition of numerous citizens 
concluded to change the location from the present site to point near where Main 
Street crosses the railroad track; and whereas, there has been unreasonable delay 
in constructing said depot: It is ordered that said Seaboard Air Line Railway 
be, and is hereby authorized to change the site of said passenger station as pro- 
posed, and that adequate passenger depot be erected by said railway company 
at Laurinburg within sixty (60) days from the date hereof. 

Franklin McNeill, 

Chairman. 



COMPLAINTS AND DECISIONS. 31 

HALL AND OTHERS, CITIZENS OF PEMBROKE, v. ATLANTIC COAST LINE 
RAILROAD COMPANY and SEABOARD AIR LINE RAILWAY. 

This cause coming on to be heard, and it being admitted by defendants that 
there is a necessity for union passenger station at Pembroke, and also for depots 
for freight, 

Now, therefore, it is ordered that defendants erect at Pembroke a union passen- 
ger station, and adequate depot for freights within sixty days from the date 
hereof. 

This October 30, 1906. Franklin McNeill, 

Chairman. 

CITIZENS OF WILLIAMSTON ET ALS. v. ATLANTIC COAST LINE 
RAILROAD COMPANY. 

This is a proceeding begun by the citizens of Williamston, Plymouth, James- 
ville, Robersonville, Everetts, Parmele, Hassell, Oak City, Hobgood, Scotland 
Neck, Spring Hill, Tillery, Pender, and Halifax, alleging that the passenger 
service on defendant's road between Pender and Plymouth is inadequate, for 
failure to> connect and other causes specifically set out in the petitions. 

For convenience of parties the matter was heard at Williamston on the 14th 
day of November, 1906. 

S. J. Everett and Claude Kitchin, attorneys at law, represented the petitioners; 
Harry Stubbs, attorney at law ; W. H. Newell, superintendent of transportation ; 
and J. F. Council, division superintendent, represented the defendant. 

Petitioners contended that it was practicable and that the convenience of the 
traveling public required that transportation for passengers be furnished daily 
in the forenoon from Pender or Wei don to 1 Plymouth, and daily in the afternoon 
from Plymouth to Pender or Weldon, in order to afford reasonable and proper 
facilities for the forwarding and delivery of passengers over these lines, and in 
order to make as close connection as is practicable at Hobgood and Parmele with 
defendant's own lines for the convenience of the traveling public. 

The following are the facts : 

Defendant operates a daily passenger train from Kinston to Weldon and from 
Weldon to Kinston with schedules as follows : 

No. 58 leaves Kinston 7:25 A.M. 

No. 58 arrives Parmele 8 : 55 A. M. 

No. 58 arrives Weldon 11:10 A.M. 

No. 59 leaves Weldon 3:15 P.M. 

No. 59 arrives Parmele 5:10 P.M. 

No. 59 arrives Kinston 6:45 P.M. 

Defendant operates a day passenger train from Plymouth to Rocky Mount 
and from Rocky Mount to Plymouth with schedule as follows: 

No. 65 leaves Plymouth 7:25 A.M. 

No. 65 arrives Parmele 8:50 A.M. 

No. 65 arrives Tarboro 9:47 A.M. 

No. 65 arrives Rocky Mt. 10:35 A.M. 

No. 64 leaves Rocky Mt. 3:55 P.M. 

No. 64 arrives Tarboro 4:30 P.M. 

No. 64 arrives Parmele 5:15 P.M. 

No. 64 arrives Plymouth 6:50 P.M. 



o2 N. C. CORPORATION COMMISSION. 

Defendant operates a daily passenger train from Tarboro to Kinston and 
from Kinston to Tarboro with schedule as follows: 

No. 56 leaves Tarboro 9:50 A.M. 

No. 56 arrives Parmele 10:27 A.M. 

No. 56 arrives Kinston 12:20 P.M. 

No. 57 leaves Kinston 3:25 P.M. 

No. 57 arrives Parmele 5:00 P.M. 

No. 57 arrives Tarboro 6:00 P.M. 

Defendant also operates passenger trains from Washington to Parmele and from 
Parmele to Washington, daily, as follows: 

No. 71 leaves Washington 7:50 A.M. 

No. 71 arrives Parmele 8:40 P.M. 

No. 79 leaves Washington 4:00 P.M. 

No. 79 arrives Parmele 4:50 P.M. 

No. 78 leaves Parmele 10:30 P.M. 

No. 78 arrives Washington 11:22 P.M. 

No. 70 leaves Parmele 5:25 P.M. 

No. 70 arrives Washington 6:15 P.M. 

For more than a year defendant furnished, or pretended to furnish, facilities 
daily for passengers on freight train from Parmele to Plymouth and from 
Plymouth to Parmele with schedule as follows : 

No. 12 leaves Parmele 9:10 A.M. 

No. 12 arrives Plymouth 11:15 A.M. 

No. 11 leaves Plymouth 11:45 A.M. 

No. 11 arrives Parmele 2:50 P.M. 

This schedule was not observed. It was alleged and not denied that this train 
frequently did not arrive at Plymouth until after due at Parmele on return, and 
that it could not be depended on to make connection at Parmele at 5:25 P. M. with 
train from Kinston to Tarboro, which connected at latter place with train from 
Norfolk to Rocky Mount. This train was required to do all of the local freight 
work, and by reason thereof was very irregular and uncertain. If this schedule 
were kept, a passenger from Plymouth could not get beyond Parmele within less 
than six hours after starting on his journey, a distance of thirty-seven miles. 

Another objection to this service is that it was scheduled to leave Parmele at 
9:10 A. M. for Plymouth, thereby missing a very important connection with train 
from Tarboro to Kinston, due to arrive at Parmele at 10:25 A. M. 

Another objection to this service is the failure to connect at Parmele with 
transportation from Pender or Weldon, which will be referred to later herein. 

Still another objection to this service is as to the car provided for passengers. 
This seems to be half of an old baggage car, poorly kept, and with not enough 
room to seat passengers, and into which passengers of both races are crowded. 

Since this proceeding was begun the defendant promulgated a new schedule 
for this freight train as follows: 

No. 308 leaves Parmele 11:15 A.M. 

No. 308 arrives Plymouth 2:30 P.M. 

No. 309 leaves Plymouth 8:45 A.M. 

No. 309 arrives Parmele 11:45 A.M. 



COMPLAINTS AND DECISIONS. 33 

This change of schedule will partly meet one of the above objections, namely, 
connect transportation from Tarboro and Kinston with Plymouth, but this 
schedule will deprive that portion of the road between Plymouth and Parmele of 
the service heretofore rendered by the uncertain and irregular schedule heretofore 
enforced for leaving Plymouth at 11:45 A. M. and arriving at Parmele at 
2:30 P. M. The new schedule leaving Plymouth at 8:45 A. M. follows the passen- 
ger train from same point so closely as not to be of much value to the traveling 
public. 

For more than a year defendant furnished, or pretended to furnish, facilities 
daily for passengers on a freight train from Pender or Weldon to Parmele, and 
from Parmele to Pender or Weldon, with schedule as follows : 

No. 5 leaves Pender 6:40 A.M. 

No. 5 arrives Parmele 11:05 A.M. 

No. 6 leaves Parmele 1:00 P.M. 

No. 6 arrives Pender, 5:35 P.M. 

This schedule was not observed, and the service was unsatisfactory and inade- 
quate on this account. If this schedule had been kept it would not have afforded 
transportation beyond Parmele, as the schedule in effect beyond Parmele required 
trains to leave at 9:10 A. M., whereas this train did not arrive at Parmele until 
11:05 A. M. 

Since this proceeding was begun defendant issued new schedule for this train 
as follows: 

No, 305 leaves Pender 6:00 A.M. 

No. 305 arrives Hobgood 8:30 A.M. 

No. 305 arrives Parmele 10:15 A.M. 

No. 304 leaves Parmele 1:00 P.M. 

No. 304 arrives Hobgood 2:40 P.M. 

No. 304 arrives Pender 5:55 P.M. 

This change of schedule will meet the difficulty in part if the schedule is kept. 
It would enable passengers to go from Pender or Weldon to Plymouth on the 
same day by connecting transportation at Parmele, and to go to Norfolk and 
intermediate points by connecting transportation at Hobgood. But this is still 
inadequate in that it is irregular and uncertain because it is required to do all 
of the local freight business and because it does not furnish connection with the 
afternoon passenger trains at Parmele at or about 5 P. M. 

These schedules show that Parmele is the most important railroad junction 
point east of Rocky Mount. There is no convenience for food or comfort for the 
traveling public at this point, A diagram, showing the location of railroads and 
places in this part of the State is hereto attached. , 

There is a population in Halifax, Edgecombe, Martin, Washington, Pitt, and 
Beaufort counties of 145,984. 

The net earnings of defendant company from operation within this State for 
the year ending June 30, 1906, was $2,319,675.89; the gross earnings from passen- 
ger business within the State for the year ending June 30, 1906, was $1,557,706.38. 

The Commission is of the opinion that the convenience of the traveling public 

requires it, and that it is practicable that the defendant provide transportation for 

passengers from Pender to Hobgood at or before 9:55 A. M. so that connection 

can be made for passengers to Norfolk and intermediate points, and from Pender to 

3 



34 H". C. CORPORATION COMMISSION. 

Parmele at or before 10:25 A. M. so as to connect with transportation for Kinston, 
Washington, and Plymouth, and returning from Plymouth in the afternoon furnish 
transportation so as to make close connection with the trains due at Parmele at 
5:15 P. M. for Washington, Kinston, and Tarboro, and to Pender or Weldon and 
intermediate points; 
And, it is hereby ordered that this transportation be furnished. 

FRanklin McNeill, 
Chairman. 

CITIZENS OF JACKSONVILLE v. ATLANTIC COAST LINE 
RAILROAD COMPANY. 

This is a petition for passenger and freight depot facilities at Jacksonville, a 
place on defendant's road. / 

It was alleged that passenger and freight depot at this place was burned July 
24, 1906, and that since that time defendant had used a box car for its depot, and 
this was utterly inadequate. This was admitted by defendant, and it was further 
admitted that the erection of a passenger and freight depot at this place is neces- 
sary, and that defendant had intended erecting a depot as soon as material 
could be procured for the purpose. 

It is directed that adequate depot for passengers and freight be erected by 
defendant at Jacksonville within ninety days from the date hereof. 

Franklin McNeill, 
Chairman. 

CITIZENS OF COUNCIL v. SEABOARD AIR LINE RAILWAY. 

This is a petition alleging that depot facilities at Council station for passengers 
and freight are inadequate. 

This allegation is admitted by defendant. 

It is ordered that defendant provide adequate and separate waiting-rooms for 
the races and enlarge the freight room so as to properly store the freights required 
for the volume of business at this point. 

It is further ordered that this work be done within ninety days from the date 

Franklin McNeill, 

Chairman. 



CITIZENS OF PHOENIX v. SEABOARD AIR LINE RAILWAY. 

This is a petition for station facilities at Phoenix for passengers and freight. 

It appears to the Commission that for many years this has been a station at 
which trains stopped on flag for passengers and also a prepay station for freight, 
and that it is 9.6 miles from Cronly and 7.4 miles from Wilmington, and there 
is no station between these points. The revenue received at Phoenix per month 
amounts to about $65. 

The Corporation Commission is of the opinion- that defendant should erect a 
building adequate to protect passengers and freight at this place, and it is 
ordered that this be done within ninety days from date hereof. 

Franklin McNeill, 

Chairman. 



COMPLAINTS AND DECISIONS. 35 

J. BRYAN GRIMES v. SOUTHERN BELL TELEPHONE AND TELEGRAPH 

COMPANY. 

Complaint was filed in this case April 26, 1906, and was served on defendant 
next day, to-wit, April 27th. Time for answering was extended by consent of 
complainant until June 11th, on which day answer was filed. 

The case was set for hearing July 5, 1906. By agreement of parties the hearing 
was continued to July 17, 1906. 

On July 16th complainant filed supplemental complaint, and defendant asked 
for leave to file answer thereto during the hearing of the case, which leave was 
granted, and supplemental answer was filed. 

It was alleged in the complaint that the defendant charged twenty-five cents 
per minute for conversation from Raleigh to Washington and from Raleigh to 
Grimesland, N. C. ; and especially for one seven-minute conversation to Washing- 
ton on March 14, 1906, $1.75, and for one eight-minute conversation to Grimesland 
on the 17th of March, 1906, $2; and that upon complaint of poor service, interrup- 
tions, and necessity of continued repeating of conversation, forty cents was 
remitted on the charge for conversation to Grimesland. 

It was further alleged that these rates are unjust, unreasonable, exorbitant, 
and an outrage upon the people of the State, and the prayer of complaint was 
that toll rates be reduced to five cents per minute for the first five minutes and 
two and one-half cents per minute after the first five minutes; and further that 
a maximum rental of $1.50 per month for residence and $2 per month for business 
phones be established. 

The answer alleged that defendant is a corporation, incorporated under the 
laws of the State of New York, and that it is doing a telephone business in 
North Carolina, a portion of which is conducted under a system known as the 
Toll Line System, under which a special charge is made for each telephonic com- 
munication had by a patron over a line owned or controlled in whole or in part 
by defendant, and partly under a system known as the Exchange System, under 
which the patron is furnished with a special telephone instrument and connec- 
tions for his personal use with exchange service therefor at an agreed charge 
per year or per quarter or per month for such service, and partly under both of 
these systems combined. 

The answer further alleged that the toll rate to Washington and Grimesland 
referred to in complaint was for supplying the means of telephonic communica- 
tion over a line of which only a part was or is owned by defendant, and that 
defendant is only responsible for the part of said toll rate which is a propor- 
tionate share thereof, and that the total rate to Washington and Grimesland, 
and the portion thereof for which defendant is responsible, is not more than a 
fair, just, and reasonable charge for the service rendered by defendant. 

It was further alleged that the present exchange service rates and charges by 
defendant for its exchange service in the State of North Carolina is not more 
than a just, fair, and reasonable charge in each and every instance, and that 
complainant is not now and never has been a subscriber to or patron of the 
exchange service of defendant in North Carolina, and has never applied to 
defendant for such service, either upon the present rates of defendant or upon 
any other rates. 

The hearing was held on July 17th and succeeding days until Saturday, the 
21st day of July. 

The complainant, J. Bryan Grimes, appeared in his own behalf. 



36 H". C. CORPORATION COMMISSION. 

The defendant was represented by Messrs. A. C. Braxton, Hunt Chipley, 
Clement Manly, and A. B. Andrews, Jr., attorneys. 

Stenographic notes were taken of the evidence and typewritten copy made 
thereof, and same is now on file in this office, consisting of five hundred and six 
pages, besides copies of all exhibits. 

Complainant and defendant's counsel requested the Commission to allow them 
time within which to file briefs after typewritten copy of the evidence should 
have been made. Defendant's counsel filed brief October 25, 1906, and complain- 
ant filed his brief on November 15, 1906. 

From the evidence the following facts are found: 

Defendant invested in toll and exchange property in North Carolina up to 
and including March 31, 1906, $1,157,266.97. The gross revenue from operation 
within North Carolina since it began business was $761,485.08; its net revenue 
for same period was $76,813.79. 

Defendant's property in North Carolina was assessed for taxation, as of June 
1, 1906, at $404,864. 

The net earnings for the five years ending December 31, 1904, from all its 
North Carolina business represent an average profit of less than one-half of 
one per cent, per year upon the money actually invested in the State, and three 
and eight- tenths per cent, on its present tax-assessed value. 

It is impossible to ascertain with exact accuracy the separate cost of main- 
taining and operating the toll lines and exchanges, as the same equipment and 
operatives are used in part in both services. 

Defendant has only paid two dividends since it began operation in North 
Carolina; these were of one and one-half per cent, each on the capital invested. 

Mr. W. A. Wynne, the only witness introd viced by complainant, testified that 
he was manager of the Raleigh Telephone Company, and that his company had 
abandoned more than half of their toll lines because they were found unprofitable, 
and that his company, with charges for exchange service about the same as those 
charged by defendant for exchange service in Raleigh, had only paid, during a 
period of six years, three dividends of two per cent, each on the capital stock, 
and that his company owed a debt of $8,500. 

Several Vitnesses testified that defendant's present rates for toll and exchange 
service in North Carolina are not remunerative. 

It was in evidence that telephonic communication between Raleigh and Wash- 
ington and Grimesland would of necessity be over two lines other than defend- 
ant's lines, to-wit: The Home Telephone and Telegraph Company and the Carolina 
Telephone and Telegraph Company. 

It is impracticable to establish a flat toll rate for telephonic communication 
regardless of distance, and the only way that a reasonable and just rate can be 
established is upon the basis of distance or mileage. 

The cost of supplying and the value of defendant's service required to be sup- 
plied on the exchange system varies most materially with different localities for 
the State of North Carolina. 

The Commission concludes that a flat rate of five cents per minute for the first 
five minutes and two and one-half cents per minute thereafter, toll for furnishing 
long-distance telephonic communication, regardless of distance, is not reasonable 
or just; and that a uniform rate for telephone exchange service applicable to all 
exchanges in North Carolina, regardless of the value of the same to patrons or of 



COMPLAINTS AND DECISIONS. 37 

the amount invested by defendant in order to render the service, would not be 
reasonable or just. 

It is, therefore, ordered that this proceeding be dismissed. 

The Commission has under investigation and comparison the existing rates, 

toll and exchange, of defendant and all other companies doing business in North 

Carolina, with the view of changing such of them as may be found unreasonable 

and unjust. _ __ -_ 

J Franklin McNeill, 

Chairman. 

CITIZENS OF REIDSVILLE v. SOUTHERN RAILWAY COMPANY. 

Petition was filed in this case alleging that the freight depot and warehouse 
facilities at Reidsville, N. C, were, at the date of said petition, and have been 
for a number of years, inadequate, and as a result thereof there was great con- 
gestion and that the business interests suffered on account thereof; that this 
grievance had been repeatedly called to the attention of the defendant and that 
defendant had promised to remedy same, but had failed to do so. 

This complaint was served on defendant, and defendant admitted that their 
facilities for handling freight at Reidsville are inadequate. 

It is, therefore, ordered that defendant furnish adequate depot facilities at 

Reidsville for the handling of freight, and that to that end work be begun on 

or before January 1, 1907, and that the same be completed on or before April 

1, 1907. 

Franklin McNeill, 

Chairman. 






INVESTIGATION OF THE MURPHY BRANCH. 

Investigation of the Murphy branch of the Southern Railway Company by the 
Commission was begun on account of its general character. Communications 
regarding it and complaints against it, however, have since been received. Those 
making specific complaints are, namely, Asheville Lumber Exchange, Dr. Louis 
Wilson, Chapel Hill, and C. H. Hobbs, Asheville. 

The principal allegations may be stated: 

1. Inadequate passenger service, in that there is no observance of the schedule 
of passenger trains, and that provision for the transportation, convenience and 
comfort of their passengers is lacking. 

2. That the freight service is extremely inefficient in that shippers cannot 
secure a regular or dependable supply of cars with any degree of certainty what- 
ever; that loaded cars are not moved, but are allowed to remain on the sidetrack 
an unreasonable length of time and to the great damage of the freight and to 
the business of the shipper; that the motive power is exhausted and fit only for 
the scrap-pile. 

3. That the physical condition of the road-bed is bad and dangerous to the life 
of passengers going over it. 

A member of the Commission, after an investigation of the conditions of this 
branch, reports as follows: 

"The Murphy branch, as it is called, running from Asheville to Murphy, is 123 
miles in length, and is operated by the Southern Railway Company. The greater 
portion of it is over mountains and across rapid streams. Naturally, there are 
on this line heavy grades and sharp curves, which make the road difficult to 
maintain and operate, and at the date of my investigation there was a strike of 



38 N. C. CORPORATION COMMISSION. 

the machinists in the shop for the Asheville division, and for some time prior 
thereto heavy rains had fallen. Since the Commission inspected this road, more 
than a year ago, at which time they were assured that the conditions would be 
materially improved within a few months (but little, if any, improvement has 
been made ) , there has been about five miles of 70-pound rail laid between 
Murphy Junction and Addie, releasing the old 56 and 60 pound rail. Addie is 
43 miles from Asheville, and positive statement of the division superintendent 
is now made that the 70-pound rail will be laid to that point as fast as the rail 
can reach the line. The roadway department furnishes statement showing that 
for the twelve months ending October 1, 1906, they have put into the road-bed 
49,519 cross-ties, or an average of 321 to the mile. In this particular it is not 
a bad showing if they were placed regularly in maintaining the track, but with 
the great number used in repairs at places where the track has been dislocated on 
account of washouts, derailments, and wrecks, it does not show quite so well. 

"I made note of the number of places where derailments and wrecks had occurred 
for twenty days, from October 1st to the 20th inclusive, the day of inspection. 
There were just fourteen, namely: At or near mile-posts 1, 8, 15, 20, 22, 22 1 / 4, 28, 
51, 52, 54, 65, 80, 86, and 98. This record of accidents and the general appear- 
ance of the road-bed, with its steep grade and sharp curves, laid with light rail 
and ties on short banks, and in many places defective ties, justifies the allegation 
that the physical condition of the road is bad and that the life of a passenger 
going over it is imperiled. 

''Recently the roadway was divided into sections of about seven miles, with a 
road force of three and a half men to the section, or one man to two miles of 
roadway. With existing conditions on the Murphy branch and the character of 
the section through which it passes, no hope of a satisfactory service or safe 
condition of the road can be entertained without an increase of men to repair 
and maintain the road. The road force was three and a half men to the section 
of ten miles, but the constantly increasing traffic certainly made the increase in 
the road force imperative, and it is not yet sufficient. There are now only 
1,986 ties distributed on this 123 miles of road. 

"Within five years the service on the Murphy branch was performed by the 
use of one passenger train each way daily; there are now two each way daily. 
One local freight daily, aided by three extras each week, was then employed for 
freight; now four locals are employed daily, aided by four extras daily. This 
shows a great increase in the service, and yet it is in proportion to the increase in 
the business of the line. 

"The information regarding the requisite car supply was difficult to obtain, as 
the application for cars is not always made in writing, and if so, unless the 
record was taken for a long period one could not tell whether, it was to meet a 
regular demand or a congested condition. However, the most accurate information 
obtainable, gotten from many of the principal shippers along the line, indicated 
that the cars supplied in proportion to the number desired was 50 per cent. 
The information furnished by the railway company showed that perhaps 80 per 
cent, is furnished; anyway the supply is inadequate. These same shippers advise 
me that the cars loaded and tendered for shipment were often not moved promptly 
and in transit unreasonably delayed. 

"The greatest source of complaint, perhaps, comes from passengers on account 
of the service given in that department. I will not in this report give you a 
record of the four trains in use on this road, but will of two of them — one run- 



COMPLAINTS AND DECISIONS. 39 

ning east and one west — and if the Commission is not fully satisfied as to the 
quality of the service rendered, then they shall have a full record. But to show 
you their relative importance I will give you the number of passengers each 
carried for 81 days, beginning August 1st and including October 20th: 

August, 1906. 
Train Ao. Passengers. 

17 6,998 

18 5,689 

19 6,203 

20 7,011 



25,901 
September, 1906. 
Train No. Passengers. 

17 2,865 

18 4,710 

19 4,959 

20 5,933 

18,467 
October, 1906 — 1st to 20th, Inclusive. 

17 3.722 

18 2,314 

19 2,526 

20 3,755 



12,317 



"It is found that 56,685 passengers, or 700 per day, moved over this road. It 
is fair to presume that the service provided for the 26,398 passengers by trains 
Nos. 18 and 19 was as satisfactory as that for the 30,287 passengers on trains 
Nos. 17 and 20. 

"No. 19 is scheduled to leave Asheville at 3:20 P. M. and arrive at Murphy at 
9:50 P. M. ; leaving Asheville at 3:20, it is supposed to have made connection 
with all trains at Asheville from the east, west, and south. Train No. 11, from 
Salisbury, is due to arrive at Asheville at 1 :55; No. 9, from Spartanburg, at 1:50; 
and No. 12, from Morristown, at 2:15. 

"I have before me the daily record of this train in detail, but I will try to state 
it more succinctly and file the record as an exhibit: 

Aug. Sept. Oct. 20th. 

On time 8 12 8 

Late 23 18 12 

H. M. H. M. E. M. 

Time consumed in delay 17 :25 19:25 6 :20 

No. of days on account of engine 20 14 7 

H. M. H. M. H. M. 

Time consumed working on engine 23:45 18:30 10:05 



40 N. C. CORPORATION COMMISSION. 

In other words, for the period of 81 days this train left Asheville: 

On time 28 times. 

Late 53 times. 

Time consumed in delay in starting 43 hrs., 10 mins. 

Delayed on account of defect in engine 41 days. 

Time consumed on account of engine 52 hrs., 20 mins. 

For same period arrived at Murphy: 

Aug. Sept. Oct. 20th, 

On time 13 

Late 30 27 20 

E. M. E. M. E. M. 

Time consumed en route 56 : 05 79 : 50 56 : 00 

In other words, arrived at Murphy in period of 81 days: 

Late 77 times. 

On time 4 times. 

Time consumed in delays 192 hrs., 14 mins. 

Train No. 18 is scheduled to leave Murphy at 12:20 and arrive at Asheville at 
6:40 P. M. Its leaving time is well observed. Its record of arrival is as follows: 

Asheville. Aug. Sept. Oct. 20th. 

On time 2 1 

Late 29 28 20 

E. M. E. M. E. M. 

Delay en route 31:13 35 :25 75 :00 

Days on account of engine 8 3 7 

E. M. E. M. E. M. 

Time consumed on engine 7:35 2:10 9 : 00 

In other words, train No. 18, for period of 81 days, arrived at Asheville: 

On time 3 times. 

Late 77 times. 

Annulled 1 time. 

Time lost en route 141 hrs., 40 mins. 

Days on account of engine 18 

Time consumed on account of engine 18 hrs., 55 mins. 

"This train leaves Murphy before the dinner hour and stops nowhere en route 
for dinner, and arriving often, as it does, at Asheville too late for supper, is treat- 
ing a passenger with nothing short of cruelty. Having an engine crippled and a 
delay occasionally on that account is unavoidable in railroad business, but the 
deliberate daily assignment of crippled, worn-out and powerless engines to trains 
transporting 700 passengers is unreasonable. There were in the shop October 
20th, off the Asheville division, 14 of these cripples, and none of them being 
repaired, while those trying to do duty were making the record I give you. They 
are. designated on the casualty list as Nos. 1327, 1328, 1399, 1397, and occasionally 
1444. Superstition would make us believe that there was fatality in the series 
thirteen. 



COMPLAINTS AND DECISIONS. 41 

''That there is no regard for the published schedule of trains and that the 
equipment is short and the motive power is unfit for use is apparent. That 
this condition should no longer exist goes without saying. The service is inade- 
quate and intolerable. The present remedies for some . of these wrongs are not 
those most agreeable to employ — penalty statutes and actions for damages. The 
Commission's demurrage rules provide for penalty of each car not furnished on 
application for intrastate business, and the Act of 1905 fixes a penalty for 
failing to transport within a reasonable time shipments originating and termi- 
nating in the State. 

"The extent of the Commission's power to enforce schedules and to require facil- 
ities for the convenience and comfort of the traveling public and to maintain 
safe road-bed is general. I suggest, however, that the Commission earnestly 
consider these subjects for recommendations in their next annual report." 

Sam. L. Rogers, 
Commissioner. 

The foregoing report is filed and approved, and it is ordered that a copy of the 
report be served on the Southern Railway Company, and that said Southern Rail- 
way Company be ordered to show cause why the suggestions contained in said 

report shall not be observed. ^ , r , T 

1 Franklix McNeill, 

Chairman. 

CITIZENS OF LUMBERTON v. SEABOARD AIR LINE RAILWAY and 
RALEIGH AND CHARLESTON RAILROAD COMPANY. 

This cause coming on for further direction, by reason of failure of defendants 
to agree upon the division of expenses of constructing the union passenger station 
at Lumberton, after notice to defendants the Corporation Commission proceeded 
to hear the matter on the 17th of December, 1906. 

Seaboard Air Line Railway was represented by Mag. John D. Shaw, attorney, 
and W. J. Jenks, division superintendent. The Raleigh and Charleston Railroad 
Company was represented by J. M. Turner, general manager. 

It appearing to the Commission that the wheelage of the respective companies 
is in the proportion of four-fifths for the Seaboard Air Line Railway and one-fifth 
for the Raleigh and Charleston Railroad Company, that the passengers are in 
proportion of nine-tenths for the Seaboard Air Line Railway and one-tenth for the 
Raleigh and Charleston Railroad Company: 

Upon consideration of all the facts, the Corporation Commission is of the opinion 
that the Seaboard Air Line Railway should pay eighty per cent, and the Raleigh 
and Charleston Railroad Company twenty per cent, of the cost of this station, and 
it is so ordered. 

It is further ordered that the plan submitted for this station at this hearing be 
and it is hereby approved. 

It is further ordered that work be begun on this station on or before February 
1. 1907. 

The order heretofore made in this case is modified in accordance with this 

order. -r^_ ^r ^ 

Franklix McjNeill, 

Chairman. 



42 N. C. CORPORATION COMMISSION. 

IN RE CONDITION OF SEABOARD AIR LINE RAILWAY DEPOT 
AT WADESBORO. 

Whereas, upon complaint of Dr. Tait Butler on October 31, 1906, of the filthy 
and uncomfortable condition of the Seaboard Air Line Railway's passenger depot 
at Wadesboro, which was called to the attention of said Railway Company; and, 

Whereas, the said railway indicated its purpose to remedy the condition and 
remove the grounds of said complaint; 

Whereas, another complaint was filed with this Commission by James C. Mar- 
shall that said depot was in a horrible and filthy condition on the 5th day of 
December, 1906, and that fires were rarely made for the convenience of passengers; 

Now, therefore, it is ordered, that the Seaboard Air Line Railway put and keep 
said depot in proper condition for the comfort and convenience of the traveling 
public. 

Order effective from and after ten days from the date hereof. 

Franklin McNeill, 
— Chairman. 

THE FOLLOWING CLAIMS FOR PENALTIES FOR DELAYS IN THE 
TRANSPORTATION OF FREIGHT WERE PAID. 



N. A. Smith v. Atlantic Coast Line Railroad Company. Amount of claim, 
$32.30. 

W. H. Wells v. Atlantic Coast Line Railroad Company. Amount of claim, 
$12.50. 

Z. W. Whitehead v. Atlantic Coast Line Railroad Company. Amount of claim, 
$67.50. 

John B. Watkins v. Seaboard Air Line Railway. Amount of claim, $50. 

E. W. & J. B. Clements v. Southern Railway Company. Amount of claim, 
$12.50. 

J. W. Carter v. Southern Railway Company and Seaboard Air Line Railway. 
Amount of claim, $25. 

J. W. Carter v. Seaboard Air Line Railway Company. Amount of claim, $50. 

W. A. Myatt v. Southern Railway Company. Amount of claim, $17.50. 

Parker & Sons v. Atlantic Coast Line Railroad Company. Amount of claim, $60. 

W. J. Prevatt v. Seaboard Air Line Railway. Amount of claim, $20. 

J. H. Gooch v. Southern Railway Company. Amount of claim, $25. 

W. J. Prevatt v. Seaboard Air Line Railway. Amount of claim, $12.50. 

T. B. Parker v. Southern Railway Company and Seaboard Air Line Railway. 
Amount of claim, $22.50. 



COMPLAINTS AND DECISIONS. 43 

Watkins v. Seaboard Air Line Railway. Amount of claim, $35. 

T. D. Putnam v. Southern Railway Company and Seaboard Air Line Railway. 
Amount of claim, $16.20. 

J. A. Saunders v. Seaboard Air Line Railway and Southern Railway Company. 
Amount of claim, $15. 

W. A. Myatt v. Seaboard Air Line Railway. Amount of claim, $22.50. 

Beam Bros. v. Seaboard Air Line Railway. Amount of claim, $40. 

Ossipee Cotton Mills v. Southern Railway Company. Amount of claim, $122.50. 

Beam Bros. v. Seaboard Air Line Railway. Amount of claim, $35. 

McEwen Lumber Company v. Southern Railway Company. Amount of claim, 
$19. 

T. D. Putnam v. Southern Railway Company. Amount of claim, $12.50. 

Kinston Cotton Mills v. Southern Railway Company. Amount of claim, $54.14. 

A. D. Royster & Bro. v. Seaboard Air Line Railway. Amount of claim, $15. 

Lumberton Cotton Oil and Ginning Company v. Seaboard Air Line Railway. 
Amount of claim, $15. 

Lumberton Cotton Oil and Ginning Company v. Seaboard Air Line Railway and 
Aberdeen and Rockfish Railway Company. Amount of claim, $25. 

Raleigh Marble Works v. Southern Railway Company. Amount of claim, $7. 

A. S. Joyner v. Atlantic Coast Line Railroad Company. Amount of claim, $25. 

Ellis & Brothers v. Atlantic Coast Line Railroad Company. Amount of 
claim, $25. 

K. M. Biggs v. Seaboard Air Line Railway. Amount of claim, $17.50. 

W. J. Prevatt v. Seaboard Air Line Railway and Southern Railway Company. 
Amount of claim, $42.50. 

Beam Brothers v. Southern Railway Company. Amount of claim, $22.50 

Justice Drug Company v. Southern Railway Company. Amount of claim, $275. 

Raleigh Marble Works v. Atlantic Coast Line Railroad Company and Southern 
Railway Company. Amount of claim, $85. 

Finch, Richardson & Co. v. Atlantic Coast Line Railroad Company. Amount of 
claim, $30. 

J. W. Carter v. Atlantic Coast Line Railroad Company. Amount of claim, $25. 



44 N. C. CORPORATION" COMMISSION. 

Peele & Co. v. Atlantic Coast Line Railroad Company and Seaboard Air Line 
Railway Company. Amount of claim, $15. 

T. P. Bra swell & Son v. Atlantic Coast Line Railroad Company. Amount of 
claim, $15. 

Blacker Bros. v. Southern Railway Company. Amount of claim, $30. 

K. M. Biggs v. Southern Railway Company. Amount of claim, $17.50. 

K. M. Biggs v. Southern Railway Company. Amount of claim, $17.50. 

Casey & Stonestreet v. Southern Railway Company. Amount of claim, $12.50. 

W. R. Cobb v. Southern Railway. Amount of claim, $12.50. 

F. B. Usley v. Southern Express Company. Amount of claim, $2.85. 

J. D. Richardson v. Seaboard Air Line Railway. Amount of claim, $31. 

Lumberton Cotton Oil and Ginning Company v. Seaboard Air Line Railway and 
Atlantic Coast Line Railroad Company. Amount of claim, $5. 

There were a great many other claims for penalties for delays in the transpor- 
tation of Interstate shipments of freight. 

It appearing that the Penalty Act of North Carolina did not apply to such 
shipments, nor was there any provision in the Interstate Commerce Act providing 
penalties for delays in the transportation of freight, complainants were so notified. 

There were also several claims for penalties for delays on intrastate shipments 
in which the transportation companies denied any liability. These were returned 
to the complainant with the advice that the Commission was not authorized by the 
statute to pass upon the claims or issue an order in such cases, and that their 
remedy would be to sue in the courts. 



MISCELLANEOUS CLAIMS. 

George M. Cole v. Southern Railway Company. Claim of $12.64 for lost ship- 
ment. Claim paid. 

G. L. Jones v. Southern Railway Company. Claim for $5 for damage. Claim 
paid. 

C. W. Russell v. Southern Express Company. Claim of $22.50 for lost ship- 
ment. Claim paid. 

Bright & Pyatt v. Southern Railway Company. Claim of $328.35 for lost ship- 
ment. Claim paid. 

M. J. Misenheimer v. Southern Railway Company. Claim of $4.13 for over- 
charge. Claim paid. 

Willis Meadows v. Southern Express Company. Claim of $19.15 for lost ship- 
ment. Claim paid. 



COMPLAINTS AND DECISIONS. 45 

Gaston Manufacturing Company v. Seaboard Air Line Railway. Claim of 
$107.65 for overcharges. Claim paid. 

W. J. Brothers v. Atlantic Coast Line Railroad Company. Claim of $10 for loss 
and damage to freight. Claim paid. 

Jesse H. Bell v. Atlantic and North Carolina Company. Claim of $3 for lost 
shipment. Claim paid. 

J. A. Saunders v. Southern Railway Company and Atlantic Coast Line Railroad 
Company. Claim of $52.32 for lost shipment. Claim paid. 

Charles E. Johnson & Co. v. Southern Railway Company. Claim of $51 for 
damage. Claim paid. 

J. A. Jones v. Seaboard Air Line Railway Company. Claim of $17.90 for lost 
shipment. Claim paid. 

Parker & Sons v. Atlantic Coast Line Railroad Company. Claim of $30 for 
demurrage. Claim paid. 

Goldsboro Drug Company v. East Carolina Railway Company. Claim of 78 
cents for damage to shipment. Claim paid. 

Kerr-Hodges Company v. Southern Express Company. Claim of $6 for delay in 
settling claim. Claim paid. 

P. E. Isenhower & Son v. Southern Express Company. Claim of $5.44 for lost 
shipment. Claim paid. 

C. L. Murphrey v. Norfolk and Southern Railroad Company. Claim of 45 cents 
for overcharge. Claim paid. 

Parker & Son v. Southern Railway Company. Claim of $100 for lost ship- 
ment. Claim paid. 

S. T. We stray v. Southern Express Company. Claim of $15.20 for lost ship- 
ment. Claim paid. 

A. J. McKinnon v. Atlantic Coast Line Railroad Company. Claim of $208.08 
for refund of freight paid twice. Claim paid. 

Newton Hosiery Mills v. Southern Railway Company. Claim of $23.20 for 
overcharges. 

W. T. Brown v. Southern Railway Company. Claim of $70 for overcharges. 

B. W. Kilgore v. Southern Railway Company. Claim of $19.74 for overcharges. 
Claim paid. 

Consumers Cotton Oil Company v. Norfolk and Southern Railroad Company and 
Atlantic Coast Line Railroad Company. Claim of $4 for overcharge. Claim paid. 

A. J. McKinnon v. Seaboard Air Line Railway. Claim of $215.65 for damages. 
Claim paid. 



46 K". C. CORPORATION COMMISSION". 

Rufus Eason v. Suffolk and Carolina Railway Company. Claim of $13,78 for 
overcharges. Claim paid. 

Sanford Supply Company v. Southern Railway Company. Claim of $7 for lost 
shipment. Claim paid. 

McAlister-Ross Lumber Company v. Southern Railway Company. Claim of 
$15.98 for overcharge. 'Claim paid. 

G. J. Turbeville v. Southern Railway Company. Claim of $50 for damage to 
shipment; also failure to transport shipment. Claim paid. 

Greensboro Lumber Company v. Atlantic Coast Line Railroad Company. Claim 
of $5 for overcharge. Claim paid. 

W. T. Mills v. Bennett's North Carolina Line. Claim of $22.94 for lost ship- 
ment. Claim paid. 

T. J. Bashford v. Southern Railway Company. Claim of $26.25 for lost freight. 
Claim paid. 

Consumers Cotton Oil Company v. Atlantic Coast Line Railroad Company. 
Claim of $1.44 for rate on car of seed. Claim paid. 

Park Manufacturing Company v. Southern Railway Company. Claim of $4 
for demurrage. Claim paid. 

Stallcup Furniture Company v. Southern Railway Company. Claim of $5.13 
for overcharge. Claim paid. 

John R. Rouse v. Southern Railway Company and Atlantic and North Carolina 
Company. Claim of $2.83 for overcharge. Claim paid. 

Gastonia Cotton Manufacturing Company v. North Carolina Car Service Asso- 
ciation and Southern Railway Company. Claim of $5 for demurrage. Claim paid. 

James H. Robbins v. Southern Bell Telephone Company. Claim of $18 for over- 
charge for telephone service. Claim paid. 

W. B. Mann v. Southern Bell Telephone and Telegraph Company. Claim of 
$39.24 for overcharge in telephone service. Claim withdrawn. 

A. J. Segroves v. Seaboard Air Line Railway. Claim of $23 for failure to 
furnish cars. Claim paid. 

N. A. Spence v. Seaboard Air Line Railway. Claim of $6 for failure to furnish 
cars. Claim paid. 

North Carolina Case-workers' Association v. Southern Railway Company. 
Claim of 40 cents overcharge in freight. Claim paid. 

Mrs. M. E. Tolsom v. Atlantic and North Carolina Company. Claim of $10.20 
for lost shipment of sugar. Claim paid. 



COMPLAINTS AXD DECISIONS. 47 

' Caraleigh Phosphate Company v. Southern Railway Company. Claim for $9 
overcharge in freight on shipment of fertilizer. 

W. H. Hill v. Virginia and Carolina Coast Railroad Company. Claim of 50 
cents overcharge in freight. Claim paid. 

D. S. Sanders v. Atlantic and North Carolina Company. Claim of $8.46 for lost 
shipment of potatoes. Claim paid. 

George S. Terrell v. Southern Bell Telephone and Telegraph Company. Com- 
plaint of discrimination and claim for $39 excess paid for telephone service. 
Claim paid and complaint withdrawn. 

Hopedale Mills v. Southern Railway Company. Claim of $5.20 for lost ship- 
ment of freight. Claim paid. 

Mrs. T. A. McXeill v. Seaboard Air Line Railway. Claim for $1.90 overcharge 
in ticket. Claim paid. 






FAILURE TO FURNISH CARS. 

The following are complaints against defendant railroad companies for failure 
to furnish cars for transportation of freight: 

Baugham & Weaver v. Seaboard Air Line Railway. 

Winborn Bros. Co. v. Seaboard Air Line Railway. 

W. S. Bailey v. Atlantic Coast Line Railroad Company. 

McEwen Lumber Company v. Southern Railway Company. 

Stoug'h-Cornelius Company v. Southern Railway Company. 

Salem Iron Works v. Southern Railway Company. 

Yorke Furniture Company v. Southern Railway Company. 

N. W. Powers v. Atlantic Coast Line Railroad Company. 

C. R. Cullins v. Seaboard Air Line Railway. 

Southern Exchange Company v. Seaboard Air Line Railway. 

J. A. Brown and K. F. Long v. Atlantic Coast Line Railroad Company. 

A. J. Olive v. Seaboard Air Line Railway. 

M. McD. Williams v. Atlantic Coast Line Railroad Company. 

Cornelius Furniture Company v. Southern Railway Company. 

North Carolina Case-workers' Association to the Commission. 

W. J. Shuford v. Southern Railway Company. 

J. W. Hall v. Atlantic Coast Line Railroad Company. 

A. J. Olive v. Seaboard Air Line Railway. 

National Furniture Company v. Southern Railway Company. 

W. B. Barrow v. Seaboard Air Line Railway. 

National Furniture Company v. Southern Railway Company. 

Hundley Lumber Company v. Southern Railway Company. 

Kincaid Veneer and Lumber Company v. Southern Railway Company. 

Kincaid Veneer and Lumber Company v. Southern Railway Company. 

Sprunt & Sons v. Seaboard Air Line Railway. 

Bracey, McCormick & Co. v. Seaboard Air Line Railway. 

Grabs Manufacturing Company v. Southern Railway Company. 



48 ST. C. CORPORATION COMMISSION. 

Genio-Cardwell Company v. Southern Railway Company. 

Wilson Lumber Company v. Southern Railway Company. 

W. B. Barrow v. Southern Railway Company. 

Glenola Brick Company v. Southern Railway Company. 

Carolina Veneer Works v. Atlantic Coast Line Railroad Company. 

Sam Ellington v. Southern Railway Company. 

J. M. Fairley v. Seaboard Air Line Railway Company. 

Geo. W. Lowder v. Southern Railway Company. 

Mt. Airy Furniture Company v. Southern Railway Company, 

Stone & Bar ringer Company v. East Carolina Railway. 

J. M. Boyd v. Atlantic Coast Line Railroad Company. 

Norfleet Hardware Company v. Southern Railway Company. 

Mt. Airy Furniture Company v. Southern Railway Company. 

Smith Furniture Company v. Southern Railway Company. 

Cornelius Furniture Company v. Southern Railway Company. 

Yorke Furniture, Company v. Southern Railway Company. 

Referring to above complaints for failure of railroad companies to provide 
cars for the prompt movement of freight, after being called upon by the Commis- 
sion, the railroad companies have, in most cases, furnished the cars applied for 
by the complainants, at least giving temporary relief. 

Shippers were also advised that the rules of the Commission provided penalties 
for failure of railroad companies to furnish cars, and that the statute also pro- 
vided penalties for the failure of railroad companies to receive and transport 
freight within a reasonable time. 

Copies of rules and Act furnished shippers. 



CLAIMS ADJUSTED. 

Various complaints were adjusted by correspondence, as follows: 

Shamrock Mills v. Southern Railway Company and Norfolk and Western Rail- 
way Company. Discrimination in freight rates. 

Piedmont Wagon Company to the Commission. Freight rates on wagons. 

Blue Ridge Furniture Company v. Southern Railway Company. Discrimination 
in freight rates. 

Sydnor Pump and Well Company v. Atlantic Coast Line Railroad Company. 
Failure to place car for unloading. 

Capitola Manufacturing Company v. Southern Railway Company. Delay in 
transportation of freight. 

North Carolina Case-workers' Association v. Southern Railway Company. Clas- 
sification of mirrors. 

Isaac T. Wright v. Carolina and Northwestern Railroad Company. Complaint 
of depot facilities at Granite. 



COMPLAINTS AND DECISIONS. 49 

J. A. Taylor v. Aberdeen and Ashboro Railroad Company and Seaboard Air 
Line Railway. Discrimination in freight rates. 

Salem Iron Works v. Southern Railway Company. Freight block at Winston, 

E. B. Atkinson v. Asheville Telephone and Telegraph Company. Telephone 
service. 

Town of Cornelius v. Southern Railway Company. Failure to keep waiting- 
rooms open for both races. 

John B. Watkins v. Seaboard Air Line Railway Company. Failure to place car 
for unloading. 

Salem Iron Works v. Southern Railway Company. Failure to place car of 
freight. 

Glencoe Mills v. Southern Railway Company. Failure to deliver shipment of 
cotton. 

Oscar High v. Atlantic Coast Line Railroad Company. Failure to receive and 
forward shipment. 

E. P. Albea v. Atlantic Coast Line Railroad Company. Complaint of service 
at Rocky Mount depot, 

John B. Todd v. Seaboard Air Line Railway. Condition of crossing five miles 
west of Charlotte. 

J. I. King & Co. v. Southern Railway Company. Failure of agent at Pelhani to 
deliver freight when called for. 

L. R. Whichard v. Home Telephone and Telegraph Company. Inadequate tele- 
phone service. 

T. L. Hyndman v. Southern Express Company. Delay in collecting C. 0. D. 
shipment. 

-Burgwyn v. Seaboard Air Line Railway. Condition of passenger station at 
Gumberry. 

J. T. Rowland v. East Carolina Railroad Company. Discrimination in passen- 
ger rates. 

A. H. Slocumb v. Atlantic Coast Line Railroad Company. Freight rate on tar. 

Yarborough & Bellinger to the Commission. Classification of scrap iron. 

D. H. Horner v. Durham and Charlotte Railroad Company. Refusal to receive 
cross-ties for shipment. 

Lawrence T. Holt & Sons v. Southern Express Company. Failure to post tariff 
sheets. 



50 N. C. CORPORATION COMMISSION. 

King & Cobb v. Southern Railway Company. Excessive freight rates on ferti- 
lizers. 

A. T. Olive v. Durham and Southern Railway Company. Discrimination in 
freight rates. 

Drexel Furniture Company v. Southern Railway Company. Failure to furnish 



Yarborough & Bellinger to the Commission. Freight rate on scrap iron. 

F. E. Hay nes v. Southern Express Company. Inadequate express service. 

Ed. Taylor & Co. v. Atlantic Coast Line Railroad Company. Failure to route 
shipments as requested. 

U. S. Hassell v. Atlantic Coast Line Railroad Company. Refusal of agent to 
issue bill of lading. 

J. F. Barnick v. Southern Investment Company (Telephone). Discrimination 
in telephone rates. 

Citizens of Poplar, J. Bis Ray v. South and Western Railway Company. Dis- 
continuance of agency at Poplar. 

C. N. Blue v. Seaboard Air Line Railway. Claim on account of delay in trans- 
portation of freight. 

J. T. Elliott v. Carolina Telephone Company. Discrimination in telephone 
service. 

E. M. Armfield v. Southern Express Company. Complaint of express service. 

Merchants of Roanoke Rapids v. Seaboard Air Line Railway. Freight service. 

John H. Fulford v. Norfolk and Southern Railroad Company. Refusal to sell 
second-class tickets. 

Atlantic and North Carolina Company to the Commission. Classification of 
steel rails. 

A. W. Haskins v. Norfolk and Southern Railroad Company. Connection of 
steamer with trains at Belhaven. 

Louisburg Wagon Company v. Seaboard Air Line Railway. Discrimination in 
freight rate on coal. 

Williams Bros. v. Albemarle Steam Navigation Company. Inadequate ware- 
house facilities at Harrellsville. 

John A. Dickson, Secretary, v. Southern Railway Company. Railroad crossing 
at Morganton. 

Y. Z. & A. O. Newberry v. Atlantic and North Carolina Railroad Company. Pe- 
tition for depot accommodations at Newport. 



COMPLAINTS AITD DECISIONS. 51 

W. C. Thurston v. Western Union Telegraph Company. Telegraph service. 

Eugene Holt v. Southern Railway Company. Failure to bulletin trains. 

L. Farnold v. Raleigh and South po it- Railroad Company. Failure to forward 
car-load of lumber. 

Board of County Commissioners. Pasquotank, v. Norfolk and Southern Railroad 
Company. Assessment and valuation of Norfolk and Southern road. 

R. X. Hackett v. Western Union Telegraph Company. Complaint of telegraph 
service. 

Sloan v. Southern Railway Company. Complaint of refusal of agent to insure 
weight, class and rate on freight bill. 

Edward E. Bain v. Thomasville and Glenn Anna Railroad. Freight rates on 
lumber. 

Beam Brothers v. Seaboard Air Line Railway. Petition for depot facilities at 
Waco. 

Carrington Lumber Company v. Durham and South Carolina Railroad Company. 
Freight rate on logs. 

Ferguson et al. v. Southern Railway Company. Complaint of discrimination in 
freight rates, etc. 

Seawell v. Seaboard Air Line Railway Company. Complaint of passenger 
facilities for boarding trains at Cameron. 

Beck &. Co. v. Thomasville and Glenn Anna Railroad Company. Petition for 
siding facilities. 

Cates Chair Company et al. v. Thomasville and Glenn Anna Railroad Company. 
Complaint of excessive freight rates en logs. 

J. C. Patrick v. Southern Railway Company. Complaint of condition of waiting- 
room at Kings Mountain. 



NORTH CAROLINA CASE-WORKERS' ASSOCIATION to THE COMMISSION. 

Petition for change of classification of veneering. Granted. See Circular 
No. 78. 



SOUTHERN RAILWAY COMPANY to THE COMMISSION. 

Application for change in classification of trees and shrubbery. Granted. See 
Circular No. 69. 



52 N. C. CORPORATION COMMISSION. 

CHAMBER OF COMMERCE, GREENSBORO, v. SOUTHERN RAILWAY 

COMPANY. 

Classification of bobbins and spools. Granted. See Circular No. 71. 



CHARLES F. CATES to THE COMMISSION. 

Classification of vinegar barrels. Granted. See Circular No. 72. 



NORTH CAROLINA CASE-WORKERS' ASSOCIATION to THE; COMMISSION. 
Classification of musical instruments. Granted. See Circular No. 70. 



ASHEVILLE MILLING COMPANY to THE COMMISSION. 

Application for freight rate on rolls sent to factory for sharpening. See Cir- 
cular No. 64. 



SOUTHERN RAILWAY COMPANY to THE COMMISSION. 
Classification of wire mattresses. See Circular No. 65. 



SOUTHERN RAILWAY COMPANY to THE COMMISSION. 
Classification of roofing tile. See Circular No. 66. 



TOMLINSON CHAIR MANUFACTURING COMPANY to THE COMMISSION. 

Application for classification of upholstered chairs. Granted. See Circular 
No. 67. 



J. W. WADSWORTH SONS COMPANY v. SOUTHERN RAILWAY COMPANY. 

Petition for reduction in classification on wagons. Granted. See Circular 
No. 75. 



NORFLEET HARDWARE COMPANY v. SOUTHERN RAILWAY COMPANY. 

Petition for change in classification on tobacco baskets. Granted. See Circular 

No. 74. 



NORTH CAROLINA CASE-WORKERS' ASSOCIATION to THE COMMISSION. 
Classification of mirrors. Granted. See Circular No. 76. 



COMPLAINTS AND DECISIONS. OO 

SOUTHERN RAILWAY COMPANY to THE COMMISSION. 
Application for classification of factory trucks. Granted. See Circular No. 61. 



NORTH CAROLINA CASE- WORKERS' ASSOCIATION to THE COMMISSION. 
Application for reduced freight rates on return shipments. See Circular No. 63. 



FRENCH BROAD GRANITE BRICK COMPANY to THE COMMISSION. 
Petition for reduction of freight rate on brick. Granted. See Circular No. 62. 



TOMLINSON CHAIR MANUFACTURING COMPANY to THE COMMISSION. 
Petition for change in classification of stools. Granted. See Circular No. 73. 



SEABOARD AIR LINE RAILWAY ET AL. to THE COMMISSION. 

This was application on part of the Seaboard Air Line Railway, Atlantic 
Coast Line Railroad Company, and Southern Railway Company, asking that the 
Commission adopt Southern Classification of Freight, to take the place of the 
Commission's classification. Upon careful investigation, it appearing that the 
adoption of Southern Classification of Freight would raise the rates on a majority 
of the classes and commodities, the Commission denied the petition. 



SEABOARD AIR LINE RAILWAY ET AL. to THE COMMISSION. 

Application to apply reduced freight rate on material for bridge at Roanoke 
Rapids. Granted. 



SEABOARD AIR LINE RAILWAY to THE COMMISSION. 

Application to apply same rate on stable manure as on cotton seed or cotton- 
seed hulls. Granted. 



ABERDEEN AND ROCKFISH RAILWAY COMPANY to THE COMMISSION. 
Application for freight rate on wood. Granted. See Tariff. 



ATLANTIC COAST LINE RAILROAD COMPANY to THE COMMISSION 
Application for rate on ice for refrigeration purposes. Granted. See file. 



54 H". C. CORPORATION COMMISSION. 

ATLANTIC COAST LINE RAILROAD COMPANY to THE COMMISSION. 
Application to classify charcoal same as coal, Class L, Granted. 



SOUTHERN RAILWAY COMPANY to THE COMMISSION. 
Application for special rate on chairs to High Point. Granted. See File. 



DURHAM AND SOUTH CAROLINA RAILROAD COMPANY to THE 

COMMISSION. 

Freight Tariff approved. 



DURHAM AND SOUTHERN RAILWAY COMPANY to THE COMMISSION. 
Passenger Tariff approved. See File. 



ABERDEEN AND ROCKFISH RAILWAY COMPANY to THE COMMISSION. 
Application for Milling in Transit rate on lumber. Granted. 



SOUTHERN RAILWAY COMPANY to THE COMMISSION. 

Application for* rate of $1.50 per ton net on street curbing and blocks from 
Granite Quarry to Marshall. Approved. 



ATLANTIC AND NORTH CAROLINA COMPANY to THE COMMISSION. 
Application for special rate on oyster shells. Granted. 



SUFFOLK AND CAROLINA RAILWAY COMPANY to THE COMMISSION. 
Freight Tariff submitted. Approved. See File. 



SOUTHERN RAILWAY COMPANY to THE COMMISSION. 
Petition for removal of agency from Putnam to Stackhouse. Granted. 



J. W. WHISNANT, MAYOR, v. CAROLINA AND NORTHWESTERN 
RAILROAD COMPANY. 

Petition for depot facilities at Granite Falls. Granted. 



COMPLAINTS AND DECISIONS. 00 

E. B. LASSLTER v. SEABOARD AIR LINE RAILWAY. 
Petition for siding; facilities at Potecasi. Granted. 



EDWARDS, SMITH ET AL. v. SEABOARD AIR LINE RAILWAY. 
Petition for siding facilities at New Hill. Granted. 



CITIZENS OF EFLAND v. SOUTHERN RAILWAY COMPANY. 
Petition for depot agency at Efland. Granted. 



CITIZENS OF MARBLE v. SOUTHERN RAILWAY COMPANY. 
Petition for commission agency at Marble. Granted. 



NANTAHALA FLUME COMPANY v. SOUTHERN RAILWAY COMPANY. 

Application for siding facilities. Adjusted. 



ALCOTT WOOD AND LUMBER COMPANY v. SOUTHERN RAILWAY 

COMPANY. 

Application for siding facilities. 



S. C. JOHNSON v. SOUTHERN RAILWAY COMPANY. 
Petition for siding facilities. Granted. 



WASHINGTON CHAMBER OF COMMERCE v. SOUTHERN EXPRESS 

COMPANY. 

Petition for double daily express service between Tarboro and Kinston. 
Granted. 



DENNIS B. BIGGS v. ATLANTIC COAST LINE RAILROAD COMPANY. 

Complaint of condition of cars on passenger train between Rocky Mount and 
Plymouth and lack of accommodations. It appearing the defendant has agreed 
to put on additional car for the accommodation of passengers, case is closed. 



56 N". c. corporation commission. 

DENNIS SIMMONS LUMBER COMPANY v. ATLANTIC COAST LINE 
RAILROAD COMPANY. 

Petition for track scales to be placed at Kenly. Granted. 



CITIZENS OF STEDMAN v. ATLANTIC COAST LINE RAILROAD COMPANY. 

Petition for separate waiting-rooms for white and colored races at Stedman. 
Granted. 



CITIZENS OF WHITEVILLE v. ATLANTIC COAST LINE RAILROAD 

COMPANY. 

Petition for siding facilities. Granted. 



CITIZENS OF MARBLE v. SOUTHERN RAILWAY COMPANY. 

Petition for depot accommodations. Granted. 



0. L. WILLIAMS v. SOUTHERN RAILWAY COMPANY. 

Petition for siding facilities. Granted. 



CITIZENS OF REX v. ATLANTIC COAST LINE RAILROAD COMPANY. 

Petition for agency and stopping of trains at Rex. Adjusted to satisfaction of 
petitioners. 



WINBORNE & LAWRENCE' v. ATLANTIC COAST LINE RAILROAD 

COMPANY. 

Petition for depot and agency at Cofield. Granted. 



A. B. PEARSALL v. ATLANTIC COAST LINE RAILROAD COMPANY. 

Application to be reimbursed for cost of siding placed at petitioner's place of 
business. Adjusted. 



ALBION DUNN v. ATLANTIC COAST LINE RAILROAD COMPANY. 
Application for siding facilities. Granted. 



COMPLAINTS AND DECISIONS. 57 

CAROLINA AND NORTHWESTERN RAILWAY COMPANY to THE 

COMMISSION. 

Application for discontinuance of agency at Laboratory. Granted. 



J. D. JOHNSON v. ATLANTIC COAST LINE RAILROAD COMPANY, 
WESTERN UNION TELEGRAPH COMPANY. 

Application for telegraph service at Garland. Granted. 



A. P. ROBERTS v. SOUTHERN RAILWAY COMPANY. 

Application for siding facilities. Granted. 



HOPE MILLS MANUFACTURING COMPANY v. WESTERN UNION TELE- 
GRAPH COMPANY, ATLANTIC COAST LINE RAILROAD COMPANY, 
and SOUTHERN EXPRESS COMPANY. 

Complaint of freight, telegraphic, and express service. It appearing that relief 
asked for has been granted, and no further cause for complaint exists, case is 
closed. 



CITIZENS OF McLEANSVILLE v. SOUTHERN RAILWAY COMPANY. 

Petition for passenger station facilities at McLeansville. Petition granted by 
the erection of passenger shed. 



DENNIS SIMMONS LUMBER COMPANY v. ATLANTIC COAST LINE 
RAILROAD COMPANY. 

Petition for siding facilities. Granted. 



LANS LUMBER COMPANY v. SEABOARD AIR LINE RAILWAY. 
Petition for siding facilities. Granted. 



CHARLOTTE CASKET COMPANY to THE COMMISSION. 
Application to change classification of casket cloth to third class. Granted. 



ATLANTIC AND NORTH CAROLINA COMPANY to THE COMMISSION. 
Application for special rates to be applied on box shooks. Granted. See File. 



58 H". C. CORPORATION COMMISSION. 

ASSOCIATED RAILWAYS OF VIRGINIA AND THE CAROLINAS to THE 

COMMISSION. 

The Associated Railways of Virginia and the Carolinas petition for amendment 
to Classification in reference to refrigeration of packing-house products between 
points in the State, as follows: "Unless otherwise specified in the Classification, 
no charge will be made for the transportation of ice or packing placed in the 
bunkers of refrigerator cars to preserve car-load shipments of 10,000 pounds 
minimum in transit ; but when said ice or packing is not placed in the bunkers it 
shall be charged for at the rate applying on the article loaded in the car." 
Granted. 



NORTH CAROLINA CHAIR ASSOCIATION to THE COMMISSION. 

Application for change in classification of chair-posts in the white and in rough. 
Granted. See Circular No. 80. 



THOMASVILLE AND GLENN ANNA RAILROAD COMPANY to THE 

COMMISSION. 

Freight tariff approved. See File. 



CLAIMS FOR OVERCHARGES, ETC. 

Complaints and claims for overcharges in freight, lost shipments, and demur- 
rage, on various shipments, were paid or adjusted for complainants, as follows : 

P. W. Stevens v. Suffolk and Carolina Railway. 
R. N. Dickinson v. Norfolk and Southern Railway Company. 
A. F. Messick Grocery Company v. Atlantic and North Carolina Company. 
W. C. Hollowell v. Southern Express Company. 
W. H. Yopp v. Southern Express Company. 

J. W. Clayton & Son v. Norfolk and Western Railway Company. 
Phillips & Penny v. Southern Railway Company. 
J. H. Wearn & Co. v. Seaboard Air Line Railway. 
Crews Manufacturing Company v. Southern Railway Company. 
L. F. Paschal & Co. v. Southern Express Company. 

North Carolina Case-Wiorkers' Association v. Southern Railway Company. 
W. T. Brown v. Southern Express Company. 

Sumrell & McCoy v. Atlantic and North Carolina Company and Atlantic Coast 
Line Railroad Company. 

W. W. White v. Atlantic and North Carolina Company. 
Bright & Pyatt v. Southern Railway Company. 
Selma Brick Company v. Southern Railway Company. 



CIRCULARS. 



CIRCULARS. 



CIRCULAR No. 61. 

Raleigh, January 12, 1906. 

CLASSIFICATION OF WAREHOUSE AND FACTORY TRUCKS. 

From and after this date, trucks, warehouse and factory, will be classed as 
follows : 

Trucks, warehouse and factory, set up, L. C. L., Third Class. 
Same, knocked down, L. C. L., Fourth Class. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 62. 

Raleigh, January 12, 1906. 

MILEAGE FREIGHT RATE ON COMMON BRICK. 

Effective this date, the freight rate on common brick will be as follows: 

Car-load Lots, Minimum 10,000 Brick. Per 
Distance. 1,000 Brick. 

5 miles $ .90 

10 miles 1.00 

15 miles 1.10 

20 miles 1.10 

25 miles 1.20 

30 miles 1.30 

35 miles 1.35 

40 miles 1.40 

45 miles 1.45 

50 miles 1.50 

55 miles ] .55 

60 miles 1.60 

65 miles 1.65 

70 miles 1.70 

75 miles 1.75 

80 miles 1.80 

85 miles 1.85 

90 miles 1.90 

95 miles 1.95 

100 miles 2.00 

110 miles 2.10 

120 miles 2.20 

130 miles 2.30 

140 miles 2.40 

150 miles 2.50 



60 IN'. C. CORPORATION COMMISSION. 

Per 
Distance. 1,000 Brick. 

160 miles $2.60 

170 miles 2.70 

180 miles 2.80 

190 miles 2.90 

200 miles 3.00 

220 miles 3.15 

240 miles 3.30 

260 miles 3.45 

280 miles 3.60 

300 miles 3.70 

Authorized to be applied by the Atlantic Coast Line Railroad, Seaboard Air 
Line Railway, and the Southern Railway. 

By order of the Commission : Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 63. 

Raleigh, January 18, 1906. 
CHANGE IN CLASSIFICATION OF SIDEBOARDS. 

Effective at once, sideboards will be classified as follows: 

Sideboards, manufactured of poplar, pine, oak, or other common woods, wrapped 
or crated, L. C. L., Second Class; C. L., Third Class. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 64. 

Raleigh, February 15, 1906. 
From and after this date the classification of rolls, grinding and corrugated, 
returned to be repaired, rating to 1 apply in both directions, will be Fourth Class. 
By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk, 

CIRCULAR No. 65. 

Raleigh, February 21, 1906. 
CLASSIFICATION OF WIRE MATTRESSES OR SPRINGS. 

From and after this date, furniture, L. C. L., mattresses, viz.: spiral spring, 
in packages, containing two or more, compressed not to exceed 3 inches per mat- 
tress in thickness, will be First Class. 

Wire, entirely taken apart and K. D., boxed, Second Class. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman, 

Clerk. 



CIECULAES. 61 

CIRCULAR No. 66. 

Raleigh, February 21, 1906. 
CLASSIFICATION OF TILE, BUILDING AND ROOFING, AND 
HOLLOW BRICK. 

From and after this date, tile, building and roofing, and hollow brick, in 
straight or mixed car-loads, minimum 30,000 pounds, will be Class K. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 67. 

Raleigh, March 9, 1906. 
CHANGE IN COMMISSIONERS' CLASSIFICATION OF FURNITURE. 

From and after this date, chairs, upholstered, S. U., will be 1% times First 
Class, Released. 

Same, K. D., boxed, crated, or wrapped, First Class. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 68. 

Raleigh, March 18, 1906. 

From and after April 1, 1906, the East Carolina Railway will apply the Com- 
missioners' Standard Tariff on fertilizer shipments. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 69. 

Raleigh, April 9, 1906. 
CHANGE IN MINIMUM CAR-LOAD WEIGHT OF TREES AND SHRUBBERY. 

From and after this date the minimum weight car-load shipments of trees and 
shrubbery will be 16,000 pounds, instead of 20,000 pounds. 

By order of the Commission : Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 70. 

Raleigh, May 1, 1906. 

CHANGE IN COMMISSIONERS' CLASSIFICATION ON ORGANS 
BY EXPRESS. 

From and after this date organs, by express, will be classed as follows: 
Boxed, Mdse. Rates; Not boxed, D Mdse Rates; Not boxed, when shipper has 
signed a release relieving the company from all risk of damage, 1% Mdse. Rates. 
By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 



62 K". C. CORPORATION COMMISSION. 

CIRCULAR No. 71. 

Raleigh, May 2, 1906. 

CLASSIFICATION OF BOBBINS. 

From and after this date bobbins, shuttles and spools, wooden, packed, will be 
classed as follows: C. L., Sixth Class; L. C. L., Fifth Class. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 72. 

Raleigh, May 12, 1906. 

CLASSIFICATION OF VINEGAR, KRAUT, AND PICKLE BARRELS. 

From and after May 20, 1906, vinegar, kraut, and pickle barrels will take 
same classification as molasses, oil, and whiskey barrels; that is, Third Class, 
carrier's risk, and Fifth Class, released, L. C. L. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 73. 

Raleigh, May 12, 1906. 

CLASSIFICATION OF COMMON WOOD-SEAT" STOOLS. 

From and after May 20, 1906, common wood-seat stools will take same classi- 
fication as chairs, N. O. S. C. L., 8,000 minimum weight; that is, Third Class, car- 
rier's risk, and Fourth Class, released. 

By order of the Commission: Franklin McNeiil, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 74. 

Raleigh, August 4, 1906. 

CLASSIFICATION OF TOBACCO BASKETS. 

From and after August 20, 1906, tobacco baskets will take the same classifica- 
tion as fruit, berry, and vegetable baskets; that is, car-load minimum weight 
15,000 pounds, Class A. 

By order of the Commission: , Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 75. 

Raleigh, August 9, 1906. 

CLASSIFICATION OF DELIVERY OR FREIGHT WAGONS. 

From and after August 20, 1906, wagons, delivery or freight, N. O. S., with 
springs, S. U., L. C. L., will be three times First Class; 






CIRCULARS. 03 

Same (with tops), wheels and poles or shafts detached, L. C. L,, l 1 ^ times 
First Class; 

Same (without tops), wheels and poles or shafts detached, L. C. L., First 
Class; C. L., same as carriages, buggies, and trotting wagons. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 76. 

Raleigh, August 9, 1906. 

CLASSIFICATION OF MIRRORS, CAR-LOAD. 

From and after August 20, 1906, mirrors, car-load, will be classed as follows: 
Over three feet, not exceeding 7 x 12, packed, carrier's risk, double First Class; 

released, Second Class. 

Three feet or under, packed, carrier's risk, double First Class; released, Third 

Class. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 77. 

Raleigh, September 21, 1906. 

CLASSIFICATION OF COCA-COLA, CIDER, AND LARD BARRELS. 

From and after this date coca-cola, cider, and lard barrels will take same classi- 
fication as molasses, oil, vinegar, pickle, and whiskey barrels; that is, Third 
Class, carrier's risk, and Fifth Class, released, L. C. L. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

CIRCULAR No. 78. 

Raleigh, September 25, 1900. 

CLASSIFICATION OF VENEERING. 

From and after October 10, veneering will take classification as follows: 
Veneering, less than Ys of an inch in thickness, manufactured of pine, poplar, 

oak, elm, bass-wood, birch, chestnut, laurel, gum, walnut, or cedar, packed L. C. L., 

Fourth Class. 

Same, % of an inch or over in thickness, L. C. L., Sixth Class. 
Same, in straight and mixed car-loads, Lumber Rates, plus 20 per cent. 
By order of the Commission: Franklin McNeill, 

n. C. Brown, Chairman. 

Clerk. 



64 Is T . C. CORPORATION COMMISSION. 

CIRCULAR No. 79. 

Raleigh, October 16, 1906. 

Rule No. 13 of the Rules Governing the Transportation of Passengers is 
repealed, and the following is substituted: 

It shall be the duty of every railway company operating a railroad in this 
State to place a bulletin-board in a conspicuous place at each of its ticket offices, 
upon which shall be bulletined the time that each train, upon which passengers 
are hauled, is due to arrive and depart under its published schedule. 

It shall also be the duty of each railway company, at each telegraph station 
upon its line, thirty (30) minutes before the time that its said trains are due to 
arrive at such station, to bulletin the fact upon said board, as to whether said 
train is on time or not, and if behind schedule time, to state, as nearly as can be 
approximated, the time it is behind; and, whenever there is any indefinite delay 
of any passenger train, it shall be the duty of the railroad company to cause to 
be bulletined, at all of such stations, the cause of such delay, and the probable 
continuation thereof, and the passengers aboard such train shall also be informed 
of the probable delay; it shall also be the duty of the railroad company to cause 
its bulletins of all delayed trains to be corrected from time to time as the entries 
thereon can be ascertained by them to be incorrect. 

Effective November 1, 1906. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 



CIRCULAR No. 80. 

Raleigh, November 19, 1906. 

CLASSIFICATION OF CHAIRS, FINISHED AND IN THE WHITE:, K. D., C. L. 

From and after December 1, 1906, classification will be as follows: 
Chairs, finished, K. D., C. L., 20,000 pounds minimum, Fifth Class. 
Chairs, in the white, K. D., C. L., 20,000 pounds minimum, Sixth Class. 
By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 

CIRCULAR No. 81. 

Raleigh, November 20, 1906. 

COMMODITY RATES. 

From and after December 1, 1906, each and all the roads comprising the South- 
ern Railway in North Carolina shall apply the Commissioners' Standard Tariff 
for Sixth Class on L. C. L. shipments of apples, beets, onions, potatoes, turnips, 
and cabbage. 

By order of the Commission: Franklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 



PART TWO. 



ASSESSMENT OF RAILROAD, STREET RAILWAY, ELECTRIC LIGHT AND POWER, GAS, 
TELEGRAPH, TELEPHONE, EXPRESS, SLEEPING-CAR, REFRIGERATOR, STEAM- 
BOAT AND CANAL COMPANIES, FOR THE YEAR 1906. COMPILATION FROM 
REPORTS OF RAILROAD COMPANIES, BANKS, AND OTHER CORPORATIONS FOR 
THE YEAR ENDING JUNE 30, 1906. 






Corp. 2 1 



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mission. 


$ 45,000.00 

7,100.00 

200,000.00 


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Local 

Assessed 
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Address. 


Norfolk, Va. 

Wilmington, N. C 

Elizabeth City 

Fairfield 

Baltimore, Md. 

Salisbury 


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D. S. Burwell, Secretary 

W. A. McGowan 

H. T. Greenleaf, Secretary and Treasurer- 

D. H. Carter, President 

W. B. Brooks, President 

D. R. Julian, President 


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Albemarle and Chesapeake Canal Co.* 

Brunswick Bridge and Ferry Co 

Camden Ferry Co. 

Fairfield Canal and Turnpike Co 

Lake Drummond Canal and Water Co 


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ASSESSMENT OF STEAMBOAT COMPANIES. 






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10 High Street, 


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Baltimore, Md. 

Washington, D. C 

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Morganton 

Charleston, S. C. 

Winston-Salem 

Raleigh 

Wilmington 

119 S. Fourth Street, 
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Charles F. Nesbit, President 

J. H. Bridgers, Treasurer 

H. L. Miller, President 

P. H. Gadsden, President 

H. F. Shaffner, President 

Julius Lewis, President 

William E. Worth, President 

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Elizabeth City Water and Power Co 

Graham Water and Electric Co. 

Henderson Water Co 

Morganton Water-works Co. 

Roanoke Navigation and Water Power Co. 

Salem Water Supply Co 

Wake Water Co. - - - - 

Wilmington Sewerage Co., The--- 

Yadkin River Power Co. 


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44 



N. C. CORPORATION COMMISSION. 



THE PULLMAN COMPANY. 

STATEMENT M. 

Total valuation $ 176,906.25. 

Apportioned to Counties as follows: 



County. 



Alamance 

Anson 

Buncombe 

Burke 

Cabarrus 

Caswell 

Catawba 

Chatham 

Cleveland 

Cumberland- -- 

Davidson 

Duplin 

Durham 

Edgecombe --- 

Franklin 

Gaston 

Guilford 

Halifax 

Harnett 

Henderson 

Iredell 

Johnston 

Madison ... 

McDowell 

Mecklenburg— 

Moore 

Nash 

New Hanover- 
Northampton - 

Orange 

Pender 

Polk 

Randolph 

Richmond 



County- 



Atlantic 
Coast 
Line. 



Graham 

Wadesboro 

Asheville 

Morganton 

Concord 

Yanceyville 

Newton 

Pittsboro 

Shelby 

Fayetteville 

Lexington 

Kenansville 

Durham 

Tarboro 

Louisburg 

Dallas 

Greensboro 

Halifax 

Lillington 

Hendersonville 

Statesville 

Smithfield 

Marshall 

Marion 

Charlotte 

Carthage 

Nashville 

Wilmington — 

Jackson 

Hillsboro 

Burgaw 

Columbus 

Ashboro 

Rockingham-— 



Seaboard 
Air 
Line. 



5,032.00 



5,189.25 



1, 729. 75 



3,935.19 
943. 50 



4,410. 



1,729.75 
1,415.25 
1,258.00 



3,931.25 



5,032.00 



4,245.75 



2,516.00 



2,044.25 



4, 713. 56 



Southern. 



$ 2,673.25 $ 



County 
Total. 



3,623.03 
5,975.50 



2,673.25 



7,076.25 
4,560.25 
2,673.25 
1,100-75 
3,459.50 



1,258.00 



3,774.00 



2,516.00 



3, 616. 75 
8,491.50 



3,302.25 
3, 145. 00 
4,237.87 
4,403.00 
5,032.00 
3, 924. 97 



2,673.25 



1,572.50 
157.25 



2,673.25 
4,245.75 
7,076.25 
4,560.25 
2,673.25 
1,100.75 
3,459.50 
2,516.00 
1,258.00 
5,032.00 
3,774.00 
5,189.25 
2,516.00 
1,729.75 
2,044.25 
3,616.75 
8, 491. 50 
8,648.75 

943. 50 
3,302.25 
3,145.00 
8,648.75 
4,403.00 
5,032.00 
7,548.00 
5,975.50 
1,729.75 
1,415.25 
3,931.25 
2,673.25 
3,931.25 
1,572.50 

157.25 
5,032.00 



ASSESSMENT OF PULLMAN COMPANY. 



45 



STATEMENT M-Continued. 



County. 


County-seat. 


Atlantic 
Coast 
Line. 


Seaboard 
Air 
Line. 


Southern. 


County 
Total. 




Lumberton 


$ 5,346.50 


$ — 


$ 

3,302.25 
5, 975. 50 


$ 5,346.50 
3,302.25 
5,975.50 


Rockingham 
















6,290.00 
3,145.00 
5,349.66 
3,616-75 


6.290.00 










3,145.00 


Wake — 


Raleigh 


4,557.09 


9,906.75 




3,616.75 
4, 560. 25 


Wayne 


Goldsboro 

Wilson 


4,560.25 
4,717.50 








4, 717- 50 










Total 


49,231.07 


44, 192. 75 


83,482.43 


176,906.25 







46 



N". C. CORPORATION" COMMISSION". 



SOUTHERN EXPRESS COMPANY. 

STATEMENT N. 

Total valuation $ 402,109.00 

Less local assessment 17,003.00 



Valuation per mile 
Number of miles — 



385,106.00 

109.84 

3,505.81 



Apportioned to Counties as follows: 



Alamance — 
Alexander -- 

Anson 

Beaufort 

Bertie 

Bladen 

Brunswick -- 
Buncombe -- 

Burke 

Cabarrus 

Caldwell 

Camden 

Carteret 

Caswell 

Catawba 

Chatham 

Cherokee 

Chowan 

Cleveland — 
Columbus — 

Craven 

Cumberland 
Currituck-— 

Davidson 

Davie 

Duplin 

Durham 

Edgecombe - 

Forsyth 

Franklin 

Gaston 



Counties. 



Mileage. 


Valuation 
Per Mile. 


Valuation. 


17.05 


$ 109.84 


$ 1,872.85 


9.16 


109.84 


1,006.25 


41.40 


109.84 


4,547.45 


18.42 


109. 84 


2,023.30 


40.69 


109.84 


4,469.45 


32.80 


109.84 


3,603.20 


37.58 


109. 84 


4,128.30 


57.82 


109. 84 


6,351.30 


31.88 


109.84 


3,501.80 


18.31 


109. 84 


2,011.25 


11.81 


109. 84 


1,297.30 


5.00 


109. 84 


549.25 


16.00 


109.84 


1, 757. 50 


22.45 


109.84 


2,466.10 


46.61 


109. 84 


5,119-95 


62.10 


109.84 


6,821.45 


37.05 


109. 84 


4,069.85 


24.70 


109.84 


2,713.25 


52.07 


109.84 


5,719.80 


84.46 


109.84 


9,277.55 


57.98 


109.84 


6,368.85 


71.02 


109.84 


7,801.20 


14.30 


109.84 


1, 570. 80 


24.80 


109.84 


2, 724. 25 


12.38 


109.84 


1,360.10 


36.96 


109.84 


4,060.00 


57.95 


109. 84 


6,365.55 


61.45 


109.84 


6,750.00 


76.17 


109. 84 


8,366.95 


22.91 


109. 84 


2, 516. 70 


59.76 


109.84 


6,564.40 






ASSESSMENT OF EXPRESS COMPANY PROPERTY. 



47 



STATEMENT N-Continued. 



Counties. 



Mileage. 



Valuation 
Per Mile. 



Valuation. 



Gates 

Granville 

Guilford 

Halifax 

Harnett 

Haywood 

Henderson 

Hertford 

Iredell 

Jackson 

Johnston 

Jones 

Lenoir 

Lincoln 

Macon 

Madison 

Martin 

McDowell 

Mecklenburg- - 
Montgomery - - 

Moore 

Nash 

New Hanover- 
Northampton - 

Onslow 

Orange 

Pasquotank — 

Pender 

Perquimans--- 

Person 

Pitt 

Polk 

Randolph 

Richmond 

Robeson 

Rockingham — 

Rowan 

Rutherford — 
Sampson 



35.40 
73.37 

104.29 
81.35 
54.02 
21.57 
33.06 
14.53 
52.91 
22.89 
69.86 
16.26 
28.07 
29.86 
2.57 
28.30 
51.38 
45.54 
82.10 
44.25 
84.37 
30.38 
46.19 
50.72 
36.31 
27.67 
22.79 
62.83 
25.36 
27.39 
63.49 
10.00 
70.33 
46.20 

112. 90 
59.36 
54.78 
42.50 
49.35 



109. 84 
109. 84 
109.84 
109. 84 
109.84 
109. 84 
109. 84 
109. 84 
109.84 
109.84 
109. 84 
109. 84 
109. 84 
109. 84 
109.84 
109. 84 
109.84 
109.84 
109.84 
109. 84 
109. 84 
109. 84 
109.84 
109.84 
109.84 
109.84 
109. 84 
109.84 
109. 84 
109. 84 
109.84 
109. 84 
109. 84 
109. 84 
109.84 
109.84 
109. 84 
109.84 
109. 84 



$ 3,888.60 
8, 059. 55 
11,455.75 
8,935.90 
5, 933. 85 
2,369.55 
3,631.50 
1,596.15 
5,811.90 
2,514.50 
7, 673. 80 
1,786.20 
3,083.65 
3,280.20 
282.35 
3,108.85 
5,643.95 
5,002.60 
9,018.40 
4,860.85 
9,267.85 
3,337.20 
5,073.75 
5,571.35 
3,988.50 
3,039.60 
2,503.60 
6,901.70 
2,785.90 
3,008.95 
6,974.20 
1,098.40 
7,725.35 
5,075.20 
12,401.45 
6, 520. 55 
6,017.45 
4,668.50 
5, 420. 75 



48 



N. C. CORPORATION COMMISSION. 
STATEMENT N-Continued. 



Counties. 



Scotland 

Stanly 

Stokes 

Surry 

Swain 

Transylvania 

Union 

Vance 

Wake 

Warren 

Washington - 

Wayne 

Wilkes 

Wilson 

Total - 



Mileage. 



32.32 
29.19 
31.47 
52.55 

38.36 
28.10 
39.80 
35.41 
79.62 
31.21 
21.87 
58.99 
18.11 
31.27 



3,505.81 



Valuation 
Per Mile. 



109.84 
109.84 
109.84 
109. 84 
109. 84 
109.84 
109.84 
109. 84 
109. 84 
109.84 
109.84 
109.84 
109. 84 
109. 84 



109. 84 



Valuation. 



$ 3,550.35 
3,206.75 
3,456.95 
5,772.80 
4,213.65 
3,087.00 
4,372.15 
3,890.20 
8,746.20 
3,428.50 
2,402.50 
6,480.00 
1,989.45 
3,435.10 



385,106.00 



ASSESSMENT OF TELEGRAPH PROPERTY. 



49 



POSTAL TELEGRAPH-CABLE COMPANY. 

STATEMENT 0. 



Corporation. 



Valuation. 



County. 



Valuation. 



Atlantic Postal Telegraph-Cable Co. 



$67,791.01 



Total- 



67,791.01 



Alamance 

Bladen 

Brunswick 

Cabarrus 

Caswell 

Cleveland 

Columbus 

Cumberland 

Davidson 

Durham 

Forsyth 

Franklin 

Gaston 

Guilford 

Harnett 

Halifax 

Johnston 

Mecklenburg- 

New Hanover 

Northampton 

Orange 

Richmond 

Robeson 

Rockingham 

Rowan 

Scotland 

Vance 

Wake 

Warren 

Submarine Cable 



$ 1,098.60 
3,018.80 

875. 70 
1,315.60 

799.20 

654. 69 

535. 50 
5,207.64 
2,656.80 
1,378.45 

912.67 
2, 182. 20 
2,504.00 
6, 070. 85 
4,413.00 
1,868.00 

153. 00 
2,914.54 

276. 00 

873. 60 
1,599.60 

234. 50 
2,489.52 
2,304.60 
3,280.95 
2,571.90 
3,640.40 
7,510.60 
4,122.60 

327.50 



67,791.01 



Corp. 2 4 



50 



N". C COEPORATION COMMISSION. 



POSTAL TELEGRAPH-CABLE COMPANY. 



STATEMENT Oa. 



Town. 


Miles of 
Poles. 


Value of 
Poles. 


Miles of 
Wire. 


Value of 
Wire. 


Value of 

Other 
Property. 


Total 
Valuation. 




2 00 


$ 60.00 
90.00 


4.00 


$ 48. 00 
180.00 


$ 15.00 
175.00 


$ 123.00 
445.00 


Charlotte 


3.00 


15.00 




1.20 


36.00 


6.00 


72.00 


25.00 


133. 00 




1 35 


40 50 


2 70 


32 40 


25 00 


97 90 


Elizabeth City- 


20 


6 00 


.20 


2 40 


15 00 


23.40 




.50 


15 00 


1.00 


12.00 


20.00 


47.00 




80 


26 40 


1.60 


24 00 




50 40 




3.00 


90.00 


6.00 


72.00 


75.00 


237. 00 




1 01 


30 30 


13 56 


162 72 


306 98 


500.00 




3.16 


104 28 


16.98 


254. 70 


20 00 


378. 98 




50 


15 00 


1.00 


12.00 


20.00 


47.00 




4.00 


120 00 


20.00 


240. 00 


75.00 


435. 00 




2 00 


60.00 


18 00 


216 00 


20 00 


296. 00 


High Point - 


1 50 


45.00 


7 50 


90.00 


20 00 


155. 00 


Littleton — 


1 00 


30.00 


9 00 


108. 00 


20.00 


158. 00 




1 00 


30 00 


5.00 


60.00 


15.00 


105.00 




2 50 


75 00 


22 50 


270 00 


125 00 


470. 00 




1 00 


30 00 


5 00 


60 00 


15.00 


105.00 




2 00 


60 00 


10.00 


120. 00 


25.00 


205. 00 




75 


22.50 


3.75 


45.00 


15.00 


82.50 




1 50 


45.00 


13.50 


162.00 


15.00 


222. 00 




1 25 


37 50 


2 50 


30.00 


150.00 


217.50 




75 


22 50 


1.50 


18.00 


25.00 


65.50 




1.00 


30.00 


9.00 


108.00 




138. 00 












ASSESSMENT OF TELEGRAPH PROPERTY. 



51 



WESTERN UNION TELEGRAPH COMPANY. 

STATEMENT Ob. 

Total valuation $ 947, 

Tangible value 393, 



232. 88 
957.00 






Excess over local assessment $ 553,275.88 

Valuation per mile of wire (excess) 29.10 

Apportioned to Counties as follows: 



Alamance — 
Alexander — 

Anson 

Beaufort 

Bertie 

Bladen 

Brunswick — 
Buncombe -- 

Burke 

Cabarrus 

Caldwell 

Camden 

Carteret 

Caswell 

Catawba 

Chatham 

Cherokee 

Chowan 

Cleveland --- 
Columbus — 

Craven 

Cumberland - 
Currituck— ~ 

Davidson 

Davie 

Duplin 

Durham 

Edgecombe - 

Forsyth 

Franklin 

Gaston 



County. 



Miles 
Poles. 



19.00 

7.00 
69.25 

6.00 
18.00 
33.00 
25.00 
63.83 
32.00 
24.00 
14.00 

5.00 
16.00 
14.00 
29.00 
61.00 
37.07 

4.00 
66.25 
84.54 
57.75 
69.50 
14.00 
48.00 
19.00 
39.00 
43.45 
78.57 
71.84 
24.00 
70.00 



Miles 
Wire. 



106.23 

7.00 

287.50 

19.00 

83.09 

99.00 

130.38 

251.35 

124.00 

466.32 

28.00 

10.00 

44.00 

268.30 

123.00 

238.00 

37.07 

8.00 

238.05 

404.99 

214.20 

321.74 

28.00 

900.88 

38.00 

393.00 

179.77 

729. 15 

161.68 

132. 00 

457.85 



Value, 

Including- 

Battery, 

etc. 



Franchise 
Value. 



$ 2, 526. 50 

473. 60 
6,451.50 

508. 35 
1,757.67 
2, 756. 96 
2,529.00 
6,328.68 
2,886.85 
6, 273. 69 
1,089.89 

347.05 
1,281.12 
3,457.35 
2,765.27 
5,588.71 
2,305.85 

272.00 
5,909.00 
8,300.89 
5,083.04 
6,977.93 

966.10 
11,486.59 
1,365.16 
5,987.21 
4,250.33 
12,244.28 
5,399.45 
2,238.25 
8,569.52 



$ 3,091.44 

203. 72 

8,366.66 

552.94 

2,418.05 

2,881.04 

3,794.25 

7,314.65 

3, 608. 58 

13,570.57 

814.84 

291.02 

1,280.46 

7, 807. 91 

3,579.48 

6,926.13 

1,078.79 

232.82 

6, 927. 50 

11,785.78 

6,233.52 

9,363.08 

814.84 

26,216.87 

1,105.85 

11,436.85 

5,231.56 

21,219.29 

4,705.11 

3,841.38 

13,324.08 



Total 
Valuation. 



$ 5,617.94 

677.32 

14,818.16 

1,061.29 

4,175.71 

5,638.00 

6,323.25 
13,643.33 

6,495.43 
19,844.26 

1,904.73 
638.07 

2,561.58 
11,265.26 

6,344.75 
12,514.84 

3,384.64 
504.82 
12.836.59 
20,086.67 
11,316.56 
16,341.01 

1, 780. 94 
37,703.46 

2,471.01 
17,424.06 

9,481.89 
33,463.57 
10,104.56 

6,079.63 
21,893.60 



52 



MT. C. CORPORATION COMMISSION". 



STATEMENT Ob-Continued. 



County. 



Miles 
Poles. 



Miles 
Wire. 



Value, 

Including 

Battery, 

etc. 



Franchise 
Value. 



Valuation. 



Gates 

Granville 

Guilford 

Halifax 

Harnett 

Haywood 

Henderson — 

Hertford 

Iredell 

Jackson 

Johnston 

Jones 

Lenoir 

Lincoln 

Macon 

Madison 

Martin 

McDowell 

Mecklenburg- 
Mitchell 

Moore 

Nash 

New Hanover 
Northampton 

Onslow 

Orange 

Pasquotank — 

Pender 

Perquimans- - 

Person 

Pitt 

Polk 

Randolph 

Richmond 

Robeson 

Rockingham - 

Rowan 

Rutherford -- 



15.00 
46. 75 

131.75 
83.25 
16.00 
21.00 
23.40 
14.00 
59.00 
23.00 
68.00 
15.50 
29.50 
18.17 
2.00 
28.00 
52.00 
57.10 

137.05 
5.00 
89.00 
19.00 
49.40 
97.40 
36.00 
28.50 
13.00 
62.00 
16.00 
29.00 
67.00 
10.00 
56.50 
68.50 

112.00 
79.70 

109.55 
60.30 



89.84 

93. 50 

1,521.38 

582. 11 
63.02 
21.00 

128. 60 
84.42 

135. 00 
23.00 

454.64 

22.50 

77.26 

35.02 

2.00 

142.07 

121.52 

153.10 

1,046.01 

5.00 

457.00 
19.00 

205.04 

451. 90 
36.00 

125.00 
26.00 

334.20 
32.00 
58.00 

154.71 
50.00 
90.90 

391.00 

375. 70 

857.40 

1,097.22 

85.90 



$ 1,652.24 
3,354.70 
23,021.87 
10,466.77 
1,444.50 
1,281.15 
2,456.87 
1,548.76 
4,424.64 
1,394.10 
7,995.31 

998. 50 
2,217.42 
1,329.74 

120.00 

3,047.44 

3,898.90 

4, 440. 02 

21,847.98 

307.45 
9,433.72 
1,269.73 
5,877.73 
9, 565. 15 
2, 192. 19 
2,812.15 

884.00 
6, 947. 22 
1,095.05 
2,054.05 
5,004.62 

994. 10 
3,765.25 
7,399.57 
9,355.92 
12,670.89 
17,558.77 
4,037.49 



$ 2,614.47 

2,720.98 

44,274.29 

16,940.22 

1,833.97 

611.13 

3,742.44 

2,456.74 

3,928.69 

669.33 

13,230.66 

654.78 

2,248.37 

1,019.13 

58.20 

4,134.44 

3, 536. 40 

• 4,455.42 

30,440.36 

145. 51 

1,329.34 

552. 93 

5,966.95 

13, 150. 85 

1,047.65 

3,637.68 

756.64 

9, 725. 69 

931.24 

1,687.88 

4,502.28 

1,455.07 

2,645.32 

11,378.64 

10,933.40 

24,951.53 

31,930.64 

2,499.81 



$ 4,266.71 

6,075.68 

67,296.16 

27,400.99 

3,278.47 

1,892.28 

6,199.31 

4,005.50 

8,353.33 

2,063.43 

21,225.97 

1,653.28 

4, 465. 79 

2,348.87 

178.20 

7,181.88 

7,435.30 

8,895.44 

52,288.34 

452.96 

22,733.06 

1,822.66 

11,844.68 

22,715.00 

3, 239. 84 

6,449.83 

1,640.64 

16,672.91 

2,026.29 

3,741.33 

9,506.90 

2,449.17 

6,410.57 

18,778.21 

20,289.32 

37, 622. 42 

49,489.41 

6,537.30 



ASSESSMENT OF TELEGRAPH PROPERTY. 



53 



STATEMENT Ob-Continued. 



County. 



Sampson 

Scotland 

Stanly 

Stokes 

Surry 

Swain 

Union 

Vance 

Wake 

Warren 

Washington 

Wayne 

Wilkes 

Wilson 

Total - 



Miles 
Poles. 



48.01 
32.00 
23.00 
37.00 
49.75 
39.00 
78.60 
47.00 
121.58 
42.00 
4.00 
60.30 
18.00 
33.40 



3,645.00 



Miles 
Wire. 



Value, 

Including 

Battery, 

etc. 



96.00 

128.00 

35.00 

74.00 

68.00 

39.00 

324.80 

237.82 

726.80 

242.50 

12.00 

425.32 

18.00 

407.25 



$ 3,622.76 
2,900.00 
1,523.15 
2,623.15 
3,209.80 
2,359.10 
7,199.30 
4,858.55 

14,043.48 

4,625.61 

320.00 

10,494.19 
1,341.61 
6,298.62 



19,012.00 393,957.06 



Franchise 
Value. 



$ 2,793.73 

3,724.98 

1,018.55 

2, 153. 50 

1,978.90 

1,134.95 

9,452.13 

6, 920. 88 

21,150.90 

7,057.09 

349.22 

12,377.41 

523.82 

11,851.54 



553,275.82 



Total 
Valuation. 



$ 6,416.49 
6, 624. 98 
2,541.70 
4,776.65 
5,188.70 
3,494.05 
16,651.43 
11,779.43 
35,194.38 
11,682.70 
669.22 
22,871.60 
1,865.43 
18, 150. 16 



947,232.! 



Apportioned to Cities and Towns as follows: 






Cities. 



Aberdeen — 

Ahoskie 

Albemarle - 

Apex 

Ashboro 

Asheville — 

Ayden 

Battleboro - 

Benson 

Bessemer — . 

Bethel 

Black Creek 
Bryson City 

Burgaw 

Burlington - 
Cameron — 

Canton 

Cary 



Township. 


Assessed 


Miles 
Poles. 


Miles 
Wire. 


Wire, In- 
struments, 
Battery, etc. 


2.00 


8.00 


$ 197.10 


.37 


1.85 


55.98 


.80 


.80 


55.45 


1.80 


6.30 


167. 10 


1.07 


1.07 


71.25 


2.72 


29.28 


838.26 


.30 


.30 


25.05 


.53 


7.42 


128. 55 


.50 


3.00 


67.70 


5.00 


45.00 


725.00 


.27 


1.89 


45.00 


.53 


5.30 


95.30 


.80 


.80 


55.05 


.33 


3.30 


63.60 


2.00 


11.86 


257.55 


1.86 


7.44 


185.20 


.57 


.57 


41.25 


3.52 


27.64 


481.20 



54 



1ST. C. CORPORATION COMMISSION. 



STATEMENT Ob— Continued. 





Township. 


Assessed 
Value Poles, 


Cities. 


Miles 
Poles. 


Miles 
Wire. 


Wire, In- 
struments, 
Battery, etc. 




2 34 


9 03 


$ 235.50 
2,487.62 

76.25 


Charlotte - _ . _ _ _ 


3 30 


74 74 


Cherryville 


1.16 


1.16 




2 06 


37 18 


566 75 




1 00 


4 00 


104 10 




33 


as 


211 45 




1 33 S QQ 


62 00 




1 13 


9 04 


171 70 




3 40 


21 91 


442 60 




63 


1 26 


49 85 




1 00 


5 00 


100 00 




1 33 


5 32 


133 80 


Clyde - 


73 


73 


50 85 




1 83 


1 83 


117 25 




76 


76 


52 65 




67 


fi7 


47 25 




1 00 6 00 


122 50 




1 43 7 31 


309 85 




1 00 i on 


67 05 


Elkin - ' - -- 


93 


93 


62.85 


Elk Park - - — - - 


1 20 


1 20 


79 45 




1 51 


i ki 


97 40 




1 23 1Q fiR 


282. 33 


Enfield 


1 36 


19 04 


288 75 




80 


80 


55 05 




67 


6 70 


114 60 




84 


5 04 


113.05 




4 76 


23 40 


709 18 




83 


83 


56 45 




57 


3 42 


69.45 




1 40 


4 20 


124.30 




63 


6 30 


117. IE 




6 27 


53 87 


935.20 




1 19 


17.35 


519. 6C 




1 00 


2 40 


120. 0C 




8.48 


114 01 


2,331.24 


Greenville 


.50 


1.00 


49.74 



ASSESSMENT OF TELEGRAPH PROPERTY. 



55 



STATEMENT Ob-Continued. 



Cities. 



Township. 


Assessed 
Value Poles, 


Miles 
Poles. 


Miles 
Wire. 


Wire, In- 
struments, 
Battery, etc. 


.73 


1.46 


$ 58.15 


1.37 


12.24 


222.35 


.77 


10.77 


178. 50 


3.64 


14.34 


415. 50 


2.07 


9.07 


191.05 


2.17 


10.85 


246.55 


3.00 


44.40 


695. 73 


.17 


1.02 


47.15 


1.00 


6.00 


135.23 


1.16 


9.28 


170.15 


.90 


.90 


54.00 


.80 


3.20 


94.70 


.71 


.71 


50. 05 


.43 


1.29 


41.45 


1.47 


2.94 


117.00 


.57 


3.99 


89.33 


1.00 


4.50 


112.78 


1.13 


4.52 


115.80 


3.52 


31.78 


544. 55 


1.67 


7.76 


188. 07 


.86 


3.01 


86.30 


2.06 


7.18 


186.70 


.73 


1.46 


58.15 


1.50 


6.00 


156.15 


.57 


.57 


78.65 


1.13 


19.74 


297. 03 


1.17 


2.34 


88.55 


2.00 


8.00 


206. 15 


2.34 


9.36 


231.70 


1.50 


2.85 


147. 10 


2.00 


21.00 


348.35 


.73 


5.11 


99.83 


.57 


1.71 


62.20 


1.74 


6.96 


174.90 


1.57 


3.14 


124.80 


.96 


1.92 


74.25 


1.00 


1.00 


67.05 






Grifton 

Grover 

Halifax 

Henderson 

Hendersonville-- 

Hickory 

High Point 

Hillsboro 

Hobgood 

Hope Mills 

Huntersville 

Hot Springs 

Jacksonville 

Jonesville 

Jonesboro 

Kenly 

Kelford 

Kernersville - — 
Kings Mountain 

Kinston 

Kittrell 

Keyser 

Lagrange 

Laurinburg 

Lenoir 

Lexington 

Liberty 

Lilesville 

Littleton 

Lincolnton 

Lowell 

Lucama 

Lumberton 

Macon 

Madison 

McFarland 

Maiden 



56 



1ST. C. CORPORATION COMMISSION. 



STATEMENT Ob-Continued. 





Township. 


Assessed 


Cities. 


Miles 
Poles. 


Miles 
Wire. 


Wire, In- 
struments, 
Battery, etc. 




2 00 


8 00 


$ 192.10 
164 10 




1 00 


10 00 




1 10 


4 40 


118 12 




1 07 


4 28 


118 92 




73 


3 65 


95 00 




1 10 


6 34 


139 15 




13 


26 


23 20 




50 


50 


47 69 




2 13 


2 13 


141 90 




2 26 


8 06 


220 65 




1 70 


1 70 


162 89 




92 


3 17 


94 75 




1 00 


1 00 


66 65 




40 


3 20 


68.10 




1 00 


1.00 


67.05 




1 43 


5 72 


147 40 




53 


5 30 


92 80 




83 


.83 


76.85 




2 00 


7.00 


184. 10 




.67 


.67 


47.25 




3.09 


9.06 


328.27 




67 


67 


47 25 




70 


1.40 


76.02 




2 30 


5.72 


201.75 




1.00 


1.00 


87.05 




.10 


.10 


14.65 


Old Fort -- - - -- - 


.70 


2.80 


85.50 




1 16 


3.96 


137.10 




.43 


2.58 


85.05 




.83 


8.30 


151.50 




.90 


4.50 


94.00 




.90 


.90 


61.05 




2.03 


21.33 


332.75 




2.00 


8.00 


199. 10 


Pollocksville 


.50 


.50 


37.85 




.27 


.81 


53.37 


Ramseur 


.70 


1.40 


54.00 






ASSESSMENT OF TELEGRAPH PROPERTY. 
STATEMENT Ob-Continued. 



57 



Cities. 



Randleman 

Raleigh 

Red Springs 

Reidsville 

Robersonville — 
Rockingham — 
Rocky Mount- - 

Roseboro 

Rose Hill 

Rowland 

Roxboro 

Salem 

Salisbury 

Saluda 

Sanford 

Seaboard 

Selma 

Scotland Neck - 

Shelby 

Siler City 

Smithfield 

Southern Pines 
Spring Hope — 
Stanley Creek - 

Statesville 

Stoneville 

Sylva 

Tarboro 

Taylorsville 

Thomasville 

Trinity 

Try on College -- 

Vaughan 

Wallace 

Warrenton 

Warsaw 

Washington 



Township. 



Miles 
Poles. 



.40 

.45 

.00 

.22 

.60 

.26 

.60 

.37 

.00 

.82 

.00 

.57 

.71 

.00 

.66 I 

.00 

.00 J 

.00 

.78 ! 

.00 

.30 

.34 

.60 

.83 

.04 

.87 

.67 

.22 

.37 

.17 

.80 

.90 

.74 

.67 

.87 

.42 

.00 



Miles 
Wire. 



33.56 
3.00 

39.59 

.60 

8.54 

35.82 
.74 

12.00 
4.10 
2.00 
1.71 

54.69 

44.00 

23.00 
4.00 

13.42 

1.00 

5.27 

2.00 

1.20 

9.36 

.60 

.83 

8.62 

1.74 

.67 

18.09 
.37 

36.54 
.80 
4.50 
6.09 
6.70 
1.74 

14.62 
3.00 



Value Poles. 
Wire, In- 
struments, 
Battery, etc. 



331.75 

959. 86 

93.30 

567.23 

43.05 

224.53 

549.95 

32.75 

187.40 

93.58 

81.85 

45.60 

1,084.30 

102.65 

506. 10 

104. 10 

317.28 

67.05 

222. 75 

77.05 

42.85 

226.70 

42.65 

56.65 

216.70 

67.55 

47.25 

360.95 

75.65 

518. 58 

55.05 

95.05 

166.36 

114. 60 

67.95 

245. 35 

94.05 



58 



1ST. C. CORPORATION COMMISSION. 



STATEMENT Ob-Continued. 



Cities. 



Waxhaw 

Waynes ville- 
Wake Forest 

Weldon 

Whiteville — 
Whi takers — 
Williamston- 
Wilmington - 

Wilson 

Windfall 

Winston 

Total- 



Township. 


Assessed 
Value Poles, 


Miles 
Poles. 


Miles 
Wire. 


Wire, In- 
struments, 
Battery, etc. 


.87 


.87 


$ 59.25 


.93 


.93 


62.85 


2.26 


6.78 


194. 90 


2.10 


21.50 


542. 10 


1.10 


6.60 


139.00 


1.33 


17.52 


282.95 


.23 


.92 


27.75 


4.56 


49.28 


1,981.11 


1.01 


19.23 


527.36 


.50 


.50 


37.05 


3.89 


9.33 


374.65 


247.09 


1,605.74 


38, 076. 32 






ASSESSMENT OF REFRIGERATOR PROPERTY. 



59 



REFRIGERATOR COMPANIES. 



STATEMENT P. 



Name of Company. 



Valuation. 



County. 



Valuation. 



Armour Car Lines Co. 



American Cotton Oil Co. 



American Refrigerator Transit Co. 
Continental Fruit Express Co 



Cudahy Milwaukee Refrigerator Line — 

Cudahy Packing Co. 

Merchants Dispatch Transportation Co. 

National Car Co. 

Robert Portner Brewing Co 






Southern Cotton Oil Co. 

Streets Western Stable— Car Line 

Swift Refrigerator Transportation Co. 



$19,000.00 



26,600.00 



Union Refrigerator Transit Company of Wisconsin 
Union Tank Line 



1,060.00 
6,000.00 

550.00 
400.00 

1,643.00 
540.00 

2,940.00 



9,000.00 

250.00 

2,000.00 

1,205.00 
40,239.00 



Wayne 

Duplin 

Pender 

Rockingham-- 

Alamance 

Guilford 

Davidson 

Rowan 

Cabarrus 

Mecklenburg - 

Wake 

Duplin 

Pender 

I Wake 

Wake 

! Guilford 

Guilford 

New Hanover 

Bladen 

Robeson 

Coiumbus 

Durham 

i Wake 

Chatham 

! 

[ Moore 

Columbus 

Wayne 

Johnston 

Wake 

Orange 

Alamance 

Guilford 

Franklin 

Duplin 

Pender 

Columbus 



Total- 



334.00 
333.00 
333.00 
616. 70 
616.66 
616.66 
616.66 
616.66 
616. 66 
900.00 
060.00 
000.00 
000.00 
550. 00 
400.00 
643.00 
540.00 
735.00 
735.00 
735.00 
735. 00 
000.00 
250.00 
000. 00 
000.00 
205.00 
023. 90 
023. 90 
023.90 
023.90 
023.90 
023. 90 
023. 90 
023.90 
023. 90 
023. 90 



111,427.00 



60 



N. C. CORPORATION COMMISSION. 



STEAMBOAT COMPANIES. 

STATEMENT Q. 



Name of Company. 



Albemarle Steam Navigation Co. 



Beaufort, Morehead City and Ocracoke Steamship 
Co 



Fairfield and Elizabeth City Transportation Co. 
Goldsboro Navigation Co 

Independent Steamboat Co 

Old Dominion Steamship Co. 



Roanoke and Tar River Steamboat Co. 

Tar Heel Steamboat Co 

Tar River Oil Co. 

Vanceboro Steamboat Co 



Wilmington, Southport and Little River Trans- 
portation Co 



Total - 



Valuation. 



$15,200.00 



9,800.00 

1,500.00 

500.00 

3,000.00 

25,200.00 



12,759.00 

23,000.00 

4,550.00 

1,750.00 

45,000.00 



County. 



Chowan - 

Gates 

Hertford 
Bertie — 



Carteret 

Hyde 

Wayne 

Craven 

Craven 

Dare 

Pamlico 

Hyde 

Camden 

Beaufort — 
Pasquotank 

Martin 

Bladen 

Edgecombe - 
Craven 



Brunswick 



Valuation. 



$ 3,800.00 
3,800.00 
3,800.00 
3,800.00 

9,800.00 
1,500.00 
500.00 
3,000.00 
7, 142. 85 
6,142.85 
3,342.85 
2,142.85 
2,142.85 
2,142.85 
2,142.90 
12,759.00 
23,000.00 
4,550.00 
1,750.00 

45, 000. 00 



142,259.00 



ASSESSMENT OF WATER-WORKS AND ST. RAILWAY PROPERTY. 



61 



WATER-WORKS COMPANIES. 



STATEMENT R. 



Name of Company. 


County. 


Valuation. 






$ 10,000.00 
55,000.00 
50, 000. 00 








Pasquotank 






Total - 


115,000.00 







STREET RAILWAY COMPANIES. 



STATEMENT S. 



Name of Company. 


County. 


Valuation. 






$ 22,525.00 
197,941.00 
152,355.00 
187,500.00 
78,650.00 
153,050.00 
30,890.00 
5,000.00 




























Wake 






Total — _ 


827,911.00 







62 



N. C. CORPORATION COMMISSION. 



BRIDGE AND CANAL COMPANIES. 



STATEMENT T. 



Name of Company. 


Valuation. 


County. 


Valuation. 




$45,000.00 

7,100.00 

200,000.00 




$ 45,000.00 

7,100.00 

200,000.00 




Hyde - - 










Total - - 


252,100.00 









ELECTRIC LIGHT AND GAS COMPANIES. 



STATEMENT U. 



Name of Company. 


Valuation. 


County. 


Valuation. 






Mecklenburg 


$ 45,835.00 
22, 500. 00 

8,000.00 
15,000.00 

3,500.00 
15,000.00 
22,264.00 




Elizabeth City Electric Light and Power Co. 




Guilford - 




Henderson 










Catawba 

Forsyth 


1,000.00 
10 000 00 








Total — -- - 


144,099.00 









ASSESSMENT OF TELEPHONE PROPERTY. 



63 






GO 
LU 



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O 
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64 



IS". C. COEPORATIOIN" COMMISSION. 



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ASSESSMENT OF TELEPHONE AND TELEGRAPH PROPERTY. 



G5 



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66 



BT. C. CORPORATION" COMMISSION. 



§ § 






£ w 



o 



o § o 



s ! 

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CO tD Oi <£> 



£ 5 



£ H 



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ASSESSMENT OF TELEPHONE AND TELEGRAPH PROPERTY. 



67 



fi O 



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68 



1ST. C. CORPORATION COMMISSION. 



<M CM i-H 



£ £ 



« M 



S J8 

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Ph O O Q tf 



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ASSESSMENT OF TELEPHONE AND TELEGRAPH PROPERTY. 



69 



S g 



g < £ < p 







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70 



H". C. CORPOEATION COMMISSION. 



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ASSESSMENT OF TELEPHONE AND TELEGRAPH PROPERTY. 



71 



rH H tH rH CO 
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72 



H". C. CORPORATION COMMISSION. 



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ASSESSMENT OF TELEPHONE AND TELEGRAPH PROPERTY. 



CD OS CO OS 



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74 



H". C. CORPORATION COMMISSION. 



£ < 



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ASSESSMENT OF RAILROAD PROPERTY. 



75 



STATEMENT W-List of Counties, with Apportionment of Valuation to Each for 1906. 



County. 



Name of Road or Other Company. 



Dis- Valuation 
tance. Per Mile. 



Total 

Assessed 

Value. 



Alamance 



Alexander - 



Anson 



Beaufort 



North Carolina Railroad 

Pullman Co. 

Graham Water and Electric Co 

Union Tank Line 

Southern Express Co. 

Western Union Telegraph Co 

Mebane-Ridgeville Telephone Co. 

American Cotton Oil Co. 

Southern Bell Telephone and Telegraph Co. - 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Southern Railway 

Southern Express Co. 

Western Union Telegraph Co. 



Atlantic Coast Line 

Southern Express Co. 

Wadesboro Telephone Co. -- 

Seaboard Air Line 

Pullman Co - 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



Atlantic Coast Line 

Southern Express Co. 

Western Union Telegraph Co 

Washington and Plymouth Railroad Co. 

Norfolk and Southern Railroad Co 

Washington and Hyde County Telephone Co. 

Washington and Aurora Telephone Co. 

Williamston Telephone Co. 

Carolina Telephone and Telegraph Co 

Old Dominion Steamship Co 



17.05 



$29,319.44 



17.05 



13.90 
41.40 



27.50 



6.62 

18.42 



18.89 
11.80 



109. 84 



$499,896.53 

2,673.25 

55,000.00 

4,023.90 

1,872.85 

5, 617. 94 

276. 00 

3, 616. 66 

14,219.70 

1,083.00 

1,098.60 

589,378.42 



24,721.25 
109.84 



226,446.57 

1,006.25 

677.32 



228, 130. 14 



25,173.55 
109. 84 



19,982.69 



349, 912. 46 
4,547.45 
3,350.00 

549, 523. 89 

4,245.75 

3,312.10 

14,818.16 



929, 709. 81 



25,173.55 
109.84 



1,664.47 
17,740.16 



166, 648. 96 

2, 023. 30 

1,061.29 

31,441.91 

209,333.90 
3,500.00 
1,155.00 
312.00 
5,840.00 
2,142.85 



423,459.21 



76 



N". C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Bertie 



Bladen 



Brunswick 



Buncombe- 



Name of Road or Other Company. 



Atlantic Coast Line 

Southern Express Co. 

Western Union Telegraph Co. 

Cashie and Chowan Railroad Co. 

Chowan and Aulander Railroad Co. 

Chowan and Roanoke Telephone Co. 

Seaboard Air Line 

North State Telephone Co 

Wellington and Powellsville Railroad Co. 
Albemarle Steam Navigation Co 



Seaboard Air Line 

Southern Express Co. 

Western Union Telegraph Co. 
Robert Portner Brewing Co. - 

Tar Heel Steamboat Co 

Atlantic Postal Telegraph Co. - 



Atlantic Coast Line 

Seaboard Air Line 

Southern Express Co. 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Wilmington, Southport and Little River Trans- 
portation Co. 



Wilmington and Southport Telegraph and Tele- 
phone Co 



Atlantic Postal Telegraph Co. 



Southern Railway 

Asheville and Spartanburg 

Pullman Co. 

Southern Express Co. 

Asheville Telephone and Telegraph Co. 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. - 

Asheville and Craggy Mountain Railway 

Madison Telephone Co 



Dis- 
tance. 



13.09 
40.69 



9.00 
20.00 



7.60 



18.00 



32.80 
32.80 



12.88 
12.24 



Valuation 
Per Mile. 



$25,173.55 
109. 84 



47.49 
10.36 



1,666.66 
1,156.66 



19,982.69 



2,454.54 



19,982.69 
109.84 



25,173.55 
19,982.69 



24,721.25 
8,829.79 



109. 84 



Total 
^.ssesse 
Value. 



$329,521.88 

4,469.45 

4,175.71 

15,000.00 

23,133.33 

1,828.40 

151, 868. 39 

34.27 

44,181.80 

3,800.00 



578,013.23 



655,432.14 

3,603.20 

5,638.00 

735.00 

23,000.00 

3,018.80 



691,427.14 



324,235.43 

244,588.04 

4,128.30 

6,323.25 

5, 563. 90 

45,000.00 

1,200.00 

875.70 



631,914.62 



1,174,013.04 

91,476.69 

7,076.25 

6,351.30 

52,605.00 

13,643.33 

484.00 

22,525.00 

1,200.00 



ASSESSMENT OF RAILROAD PROPERTY. 



77 



STATEMENT W-Continued. 



Buncombe 

(Continued.) 



Name of Road or Other Company. 



Asheville Electric Co. 

American Telephone and Telegraph Co.- 



Southern Railway 

Pullman Co 

Southern Express Co 

Burke County Telephone Co 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 
Carolina and Northwestern Railway Co 



North Carolina Railroad 

Yadkin Railroad 

Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Concord Telephone Co. 

American Cotton Oil Co. 

Southern Bell Telephone and Telegraph Co. - 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Southern Express Co 

Western Union Telegraph Co 

Caldwell and Northern Railroad Co 

Lenoir Electric Co 

Carolina and Northwestern Railway Co. 



Southern Express Co. 

Western Union Telegraph Co 

Norfolk and Southern Railway 

Old Dominion Steamship Co 

Lake Drummond Canal and Water Co. 



Norfolk and Carolina Telephone and Tele- 
graph Co. 



Dis- 
tance. 



29.70 



31. 



2.18 



17.16 
1.15 



Valuation 
Per Mile. 



18.31 



11.81 



23.50 



14.84 



5.00 



5.00 



24,721.25 



109.84 



7,994.80 



29,319.44 
4,989.02 



109.84 



7, 994. 80 



109.84 



17, 740. 16 



Total 

Assessed 

Value. 



$197, 941. 00 
4,820.00 



1,572,135.61 



734,221.00 
4,560.25 
3,501.80 
2,000.00 
6,495.43 
1,992.10 
17,428.70 



770,199.28 



503,121.68 
5,737.38 
2,673.25 
2,011.25 
19,844.26 
3,600.00 
3,616.66 
2,948.00 
4,975.00 
1,315.60 



549,843.08 



1,297.30 

1,904.73 

96,090.00 

3,000.00 

118,642.87 



220,934.90 



549.25 

638.07 

88,700.81 

2,142.84 

200,000.00 

6,240.00 
298,270.97 



78 



N. C. CORPORATION COMMISSION 



STATEMENT W— Continued. 



County. 



Carteret 



Caswell - 



Catawba- 



Chatham 



Name of Road or Other Company. 



Southern Express Co. r~ 

Home Telephone and Telegraph Co 

Western Union Telegraph Co 

Atlantic and North Carolina Railroad Co. 

Beaufort Telephone Co. 

Morehead City Telephone Co 



Beaufort, Morehead City and Ocracoke Steam- 
ship Co. 



Southern Railway 

Atlantic and Danville Railway 

Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Danville and Western Railway 

Mebane-Ridgeville Telephone Co 

North Carolina Telephone Co 

American Telephone and Telegraph Co.- 
Atlantic Postal Telegraph Co 



Dis- 
tance. 



Valuation 
Per Mile. 



16.00 ' $ 109.84 



15.74 



7.10 
14.60 



22.45 



Southern Raijway 

Pullman Co 

Southern Express Co 

Piedmont Telephone and Telegraph Co 

Thornton Light and Power Co 

Western Union Telegraph Co 

Hickory Electric Co. 

Carolina and Northwestern Railroad Co 

Southern Bell Telephone and Telegraph Co. 



Atlantic and Yadkin 

Seaboard Air Line 

Pullman Co 

Swift Refrigerator Transportation Co. - 

Southern Express Co. 

Pittsboro Telephone and Telegraph Co. 
Western Union Telegraph Co 



22.94 



46.61 



12.26 



28.53 
27.20 



7,535.63 



24,721.25 
10,000.00 



109.84 



3,911.98 



24,721.25 



109.84 



19, 982. 69 



62.10 



109. 84 



ASSESSMENT OF RAILROAD PROPERTY. 



STATEMENT W— Continued. 



County. 



Chatham 

(Continued.) 



Cherokee 



Chowan 



Cleveland - 



Clay. 



Name of Road or Other Company. 



Southern Bell Telephone and Telegraph Co. 

Raleigh and Western Railway Co 

Chapel Hill Telephone Co 

Durham and South Carolina Railroad Co. — 
Durham and Charlotte Railroad Co 



Dis- 
tance. 



00 



17.86 
5.47 



Southern Railway 

Southern Express Co. 

Western Union Telegraph Co 

Cherokee Telephone Co 

Louisville and Nashville Railroad Co. 



Southern Express Co. 

Western Union Telegraph Co. 



Norfolk and Carolina Telephone and Telegraph 
Co 



Norfolk and Southern Railroad Co. 

Virginia and Carolina Coast Railroad Co. 

Albemarle Steam Navigation Co 

Edenton Telephone Co 



Atlanta and Charlotte Air Line 

South Carolina and Georgia 

Seaboard Air Line 

Lattimore Telephone Co. 

Pullman Co 

Piedmont Telephone and Telegraph Co 

Southern Express Co. 

Sharon Telephone Co. 

Boiling Springs Telephone Co. 

Western Union Telegraph Co 

Lawndale Railroad Co. (Cleveland Cotton Mills) 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



13.10 



24.70 



5.30 
20.51 



.77 



52.07 



Cherokee Telephone Co. 



$ 1 $ 2,444.20 

3,125.00 | 25,000.00 
1 130.00 

3,278.18 I 58,548.30 
2,945.26 ' 15,521.54 



951,662.54 



23.95 24,721.25 j 592,073.81 
37.05 109.84 | 4,069.85 

3,384.64 



5,000.00 



17, 740. 16 
4, 474. 51 



.91 



5,417. 
19, 982. 



109. 84 



2,333.33 



718.75 
65, 500. 00 



665,747.05 



2,713.25 

504.82 

1,440.00 

94,022.89 

91,772.34 

3,800.00 

1,500.00 



195,753.; 



250,023.18 

134,354.78 

425,631.21 

500.00 

1,258.00 

6,000.00 

5,719.80 

500.00 

400. 00 

12,836.59 

21,000.00 

4, 038. 00 

654.69 



,916.25 



531.25 
531.25 



80 



1ST. C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

^.ssessei 
Value. 



Columbus 



Cumberland 



Craven 



Currituck 



Atlantic Coast Line 

Robert Portner Brewing- Co. 

Seaboard Air Line 

Union Tank Line 

Southern Express Co. 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co 

Union Refrigerator Transit Co., of Wisconsin - 
Atlantic Postal Telegraph Co 



75.62 



$25,173.55 



8.90 



84.46 



Atlantic Coast Line 

Pullman Co. 

Southern Express Co. 

Western Union Telegraph Co 

Aberdeen and Rockfish Railroad Co. 

Roseboro and Fayetteville Telephone Co.- 
Carolina Telephone and Telegraph Co. — 
American Telephone and Telegraph Co.-- 
Atlantic Postal Telegraph Co 



Atlantic Coast Line Railroad 

Southern Express Co. 

Western Union Telegraph Co 

Atlantic and North Carolina Railroad Co 

Independent Steamboat Co. 

Old Dominion Steamship Co. 

Home Telephone and Telegraph Co 

Vanceboro Steamboat Co. 

Dover and Southbound Railroad Co 

Pamlico, Oriental and Western Railroad Co. 



Southern Express Co. 

Western Union Telegraph Co 

Norfolk and Southern Railroad Co — 
Albemarle and Chesapeake Canal Co. 



60.13 



71.02 



9.44 

57.98 



45.75 



1.00 
4.80 



14.30 



19, 



$1,903,624.50 

735.00 

177,845.89 

4,023.90 

9,277.55 

20, 086. 67 

7,414.00 

1,205.00 

535. 50 



2,124,748.01 



25,173.55 



109.84 



3,704.41 



1,513,686.07 

5,032.00 

7,801.20 

16,341.01 

140,767.65 

833.33 

7,487.72 

8,215.00 

5,207.64 



25,173.55 
109.84 



7,535.63 



3,579.01 



109.84 



14.30 



1,705,371.62 



237, 638. 39 

6,368.85 

11,316.56 

344,755.30 

3,000.00 

7, 142. 86 

12,000.00 

1,750.00 

1,098.57 

17,179.25 

642.249.78 



1,570.80 

1,780.94 

253,684.30 

45,000.00 



ASSESSMENT OF RAILROAD PROPERTY. 



81 



STATEMENT W-Continued. 



County. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Currituck 

{Continued.) 


Currituck Telephone Co. 

Norfolk and Carolina Telephone and Telegraph 
Co - ..— - 


! 


$ 


$ 2,500.00 
1,800.00 














306,336.04 




6,142.86 






24.80 
20.00 


29,319.44 
2,090.00 


I 


6, 142. 86 






727 122 19 




Carolina, Glenn Anna and Pee Dee Railroad Co. 


41,800.00 
3,774.00 
1 730 00 














24.80 


109.84 


2,724.25 

37,703.46 

3,616.66 

1 416 80 






























4,550.00 
8,645.00 
2,656.80 




















North Carolina Midland 


17.68 


9,946.22 




835,739.16 




175,849.10 
1 564 20 








12.38 


109.84 


1,360.10 

662 00 














2,471.01 
181,906.41 






36.96 


25,173.55 




930, 414. 72 
5 189 25 










36.96 


109.84 


4,060.00 
4,023.90 

17,424.06 
3 000 00 
























Teachey and Dell Telephone Co. 






500 00 




Southern Bell Telephone and Telegraph Co. 






5 544 00 




Rose Hill Telephone Co. - - 






1,250.00 

6,333.00 

680. 00 

978,418.93 



























Corp. 2- 



82 



N. C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Durham 



Edgecombe 



Forsyth 



Name of Road or Other Company. 



Southern Railway 

North Carolina Railroad 

Durham and Southern Railroad 

Seaboard Air Line 

Durham and South Carolina Railroad Co. — 

Pullman Co 

Southern Cotton Oil Co 

Southern Express Co. 

Western Union Telegraph Co 

The Durham Traction Co 

Durham Light and Power Co 

Norfolk and Western Railway Co. 

Southern Bell Telephone and Telegraph Co. 

Southside Telephone Co. 

Interstate Telephone and Telegraph Co. — 

North Carolina Telephone Co 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co. 



Atlantic Coast Line 

Pullman Co 

Southern Express Co 

Western Union Telegraph Co. 

Home Telephone and Telegraph Co 

East Carolina Railway Co. 

Tar River Oil Co. 

Carolina Telephone and Telegraph Co. - 
American Telephone and Telegraph Co. 



Southern Railway 

Atlantic and Yadkin 

North Carolina Midland 

Winston-Salem Gas Light Co 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co. 

Western Union Telegraph Co 

Fries Manufacturing and Power Co 



Dis- 
tance. 



11.18 
16.22 



10.39 
9.32 



57.95 



19.50 



Valuation 
Per Mile. 



$24,721.25 

29,319.44 

4,930.61 

19, 982. 69 

3,278.18 



109.84 



Total 

Assessed 

Value. 



14,242.74 



43.83 



61.45 



36.91 
10.77 
13.73 



76.17 



25,173.55 



109. 84 



24,721.25 
9,932.95 
9,946.22 



109. 84 



$276,383.47 

475,561.39 

40, 924. 10 

207,620.08 

30,552.65 

2,516.00 

9,000.00 

6,365.55 

9,481.89 

153,050.00 

22,500.00 

277, 733. 44 

3,146.00 

1,012.50 

13,118.00 

807.70 

1,008.00 

1,378.45 



1,532,159.22 



1,103,357.07 
1,729.75 
6, 750. 00 

33,463.57 
6,550.00 

36,002.92 
4,550.00 
6,171.30 
3,530.00 



1,202,104.61 



907, 516. 97 

106,977.90 

136,561.54 

10,000.00 

8, 366. 95 

24,167.00 

10, 104. 56 

30,890.00 



ASSESSMENT OF RAILROAD PROPERTY. 



83 



STATEMENT W-Continued. 



County. 



Forsyth 

{Continued.) 



Franklin 



Gaston 



Gates 



Granville 



Name of Road or Other Company. 



Mocksville Telephone Co 

Kernersville Telephone Co 

Norfolk and Western Railway Co. 
Atlantic Postal Telegraph Co 



Seaboard Air Line 

Southern Bell Telephone and Telegraph Co. 
Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Home Telephone and Telegraph Co 

Southside Telephone Co. 

Union Tank Line Co. 

Atlantic Postal Telegraph Co. 



Atlanta and Charlotte Air Line 

Seaboard Air Line 

Southern Bell Telephone and Telegraph Co. 
Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Piedmont Telephone and Telegraph Co 

Carolina and Northwestern Railway 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Atlantic Coast Line 

Southern Express Co. 

Western Union Telegraph Co. 

Virginia and Carolina Coast Railroad Co. 
Albemarle Steam Navigation Co 



Southern Railway 

Atlantic and Danville Railway 

North and South Carolina Railroad - 
Home Telephone and Telegraph Co.- 
Seaboard Air Line 



Dis- 
tance. 



14.96 



22.91 



22.91 



Valuation 
Per Mile. 



59.76 



21.33 



14.84 
35.40 



21.i 



43.81 
2.20 
3.73 



22.36 19, 



14,242.74 



19,982.69 



109. 84 



23.00 28,508.91 
17.50 19,982.69 



109. 84 



7,994.80 



25,173.55 
109.84 



4,474.51 



24,721.25 
10,000.00 
3,000.00 



Total 

Assessed 

Value. 



$ 238.00 

675. 00 

213,071.40 

912.67 

1,449,481.99 



457,803.34 
1,442.10 
2,044.25 
2,516.70 
6,079.63 
8,050.00 
337. 50 
4,023.90 
2,182.20 



484,479.62 



655,705.02 

349,697.00 

264.00 

3,616.75 

6,564.40 

21,893.60 

12,500.00 

170,529.14 

9,561.00 

2,504.00 



1,232,834.91 



373, 575. 60 

3, 888. 60 

4,266.71 

94,322.81 

3,800.00 



479,853.72 



1,083,037.84 

22, 000. 00 

11,190.00 

4,300.00 

446, 812. 85 



84 



N. C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Granville 

(Continued.) 



Greene — 



Guilford . 



Halifax - 



Name of Road or Other Company. 



Southern Express Co. 

Southside Telephone Co. 

Western Union Telegraph Co 

Oxford and Coast Line Railroad Co. 



Carolina Telephone and Telegraph Co. 



Southern Railway — 
Atlantic and Yadkin 



High Point, Randleman, Ashboro and Southern 
Railroad Co. 



North Carolina Railroad 

Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Greensboro Electric Co 

Greensboro Gas and Electric Light Co 

Union Tank Line 

National Car Company 

American Cotton Oil Co. 

Southern Bell Telephone and Telegraph Co. 

North State Telephone Co 

Merchants Dispatch Transportation Co 

Thomasville Telephone Co. 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Atlantic Coast Line 

Seaboard Air Line 

Pullman Co 

Home Telephone and Telegraph Co 

Southern Express Co. 

Western Union Telegraph Co 

Carolina Telephone and Telegraph Co. -- 
American Telephone and Telegraph Co. . 
Atlantic Postal Telegraph Co 



Dis- 
tance. 



73.37 



26.63 
39.26 

3.04 
33.37 



104.29 



61.09 
20.31 



81.35 



Valuation 
Per Mile. 



109.84 



5,443.46 



24,721.25 
9,932.95 

9,992.53 
29,319.44 



109.84 



25,173.55 
19,982.69 



Total 

^ssesse 
Value. 



$ 8,059.55 

1,650.00 

6,075.68 

24,550.00 



1,607,675.92 



200.00 



200.00 



658,326.77 
389,967.70 

30,377.30 
978,389.83 

8,491.50 
11,455.75 
67,296.16 
78,650.00 
15,000.00 

4,023.90 
540.00 

3, 616. 66 
60, 575. 90 
17,950.00 

1,643.00 

25.00 

10,917.00 

6,070.85 



2,343,317.32 



109.84 



1,537,852.69 
405,848.35 
8,648.75 
9,585.00 
8, 935. 90 
27,400.99 
3,536.15 
6,110.00 
1,868.00 



2,009,785.83 



ASSESSMENT OF RAILROAD PROPERTY. 



85 



STATEMENT W-Continued. 



County. 



Harnett 



Haywood 



Henderson - 



Hertford 



Name of Road or Other Company. 



54.02 



Atlantic Coast Line 20.02 

Pullman Co. 

Southern Express Co. 

Western Union Telegraph Co 

Benson Telephone Co 

Carolina Telephone and Telegraph Co. 

Durham and Southern Railroad Co. 

Raleigh and Southport Railway Co I 23. 00 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Dis- 
tance. 



21.67 



Southern Railway 

Southern Express Co. 

Asheville Telephone and Telegraph Co. 

Western Union Telegraph Co 

Waynesville Telephone Co 



21.57 
21.57 



Asheville and Spartanburg 

Pullman Co 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co 

Western Union Telegraph Co 

Transylvania Railroad Co. (Southern Railway) 

Asheville Telephone and Telegraph Co. 

Hendersonville Light and Power Co. 

American Telephone and Telegraph Co 



Atlantic Coast Line 

Southern Express Co 

Western Union Telegraph Co 

Chowan and Aulander Railroad Co 

Wellington and Powellsville Railroad Co. 

Albemarle Steam Navigation Co 

North State Telephone Co 

Chowan and Roanoke Telephone Co. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



21.56 



33.06 



11.57 



14.53 
14.53 



10.00 
4.00 



$25,173.55 | $503,974.64 
1 943.50 



109.84 



4,930.61 
4, 830. 81 



3,278.47 
500.00 

2,927.93 
106,846.50 
111,108.72 

1,615.00 

4,413.00 
741,541.61 



24,721.25 ; 533,237.25 
109.84 2,369.55 
1,572.00 
1,892.28 
2,400.00 



8,829.79 



541,471.08 



109.84 



3,973.64 



25,173.55 
109.84 



1,156.66 
2,454.54 



190,370.41 
3,302.25 
3,631.50 
704.00 
6,199.31 
45,975.08 
6,820.00 
3,500.00 
2,260.00 

262,762.55 



365,771.80 

1,596.15 

4,005.50 

11,566.67 

9,818.20 

3,800.00 

3, 392. 73 

671.60 

400,622.65 



86 



N. C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Hyde. 



Iredell ■ 



Jackson 



Johnston 



Jones - 



Name of Road or Other Company. 



Washington and Hyde County Telephone Co.-- 

Fairfield Canal and Turnpike Co 

Old Dominion Steamship Co 

Hyde County Telephone Co 

Fairfield and Elizabeth City Transportation Co. 



Dis- 
tance. 



Southern Railway 

Southern Bell Telephone and Telegraph Co. 

North Carolina Midland 

Pullman Co 

Southern Express Co 

Mooresville Telephone Co 

Western Union Telegraph Co 



Southern Railway 

Southern Express Co. 

Franklin Telephone and Electric Co. 

Western Union Telegraph Co 

Waynesville Telephone Co 



North Carolina Railroad 

Carolina Telephone and Telegraph Co 

Atlantic Coast Line 

Benson Telephone Co 

Pullman Co 

Southern Bell Telephone and Telegraph Co. 

American Telephone and Telegraph Co 

Southern Express Co. 

Western Union Telegraph Co 

Union Tank Line 

Atlantic Postal Telegraph Co 



Atlantic Coast Line 

Southern Express Co 

Home Telephone and Telegraph Co. 
Western Union Telegraph Co 



52.91 



52.91 



26.24 



43.62 



Valuation 
Per Mile. 



12.79 
16.26 



9.946.22 



109. 84 



24,721.25 
109.84 



Total 
^.ssesse- 
Value. 



$ 500.00 
7,100.00 
2,142.85 
3,000.00 
1,500.00 



14,242.85 



508,001.21 
8,633.90 

48,736.42 
3,145.00 
5,811.90 
2, 800. 00 
8,353.33 



1,385,481.76 



565,869.79 

2,514.50 

200.00 

2,063.43 

100. 00 



570, 747. 72 



29,319.44 



25, 173. 55 



109.84 



25,173.55 
109. 84 



769, 342. 21 

1,987.23 

1,098,070.62 

2, 000. 00 

8,648.75 

5,209.60 

9, 067. 00 

7, 673. 80 

21,225.97 

4, 023. 90 

153.00 



1,927,402.08 



321,969.81 

1,786.20 

500.00 

1,653.28 



ASSESSMENT OF RAILROAD PROPERTY. 



87 



STATEMENT W-Continued. 



County. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Jon* 


Atlantic and North Carolina Railroad Co 


3.69 
18.00 

11.07 


$ 7,535.63 


$ 27,806.50 
19,774.18 


(Continued.) 






25, 173. 55 




373,489.97 




278,671.29 
950 00 










28.07 


109. 84 


3 083 65 






5 100 00 










4 465 79 


- 




18.68 

15.60 
29.86 


7,535.63 

19,982.69 
109.84 


140, 765. 65 








433, 036. 38 




311, 729. 88 
3,280.20 
2,348.87 
4,500 00 




















Carolina and Northwestern Railroad Co 


12.89 

2.57 
2.57 


7, 994. 80 

24,721.25 
109.84 


103,053.01 




424,911.96 




63,533.53 
282 35 










178 20 










2,480.00 
140 00 














28.30 


24,721.25 






66, 614. 08 




699,611.27 
4,403.00 
3,108.85 
7,181.88 
15, 000. 00 
4, 042. 00 
300 00 










28.30 


109.84 




Western Union Telegraph Co. 






























52.24 
51.38 


25,173.55 
109.84 






733,647.00 


Martin __ 


1,315,066.69 

5,643.95 

7,435.30 

2, 188. 00 

12,759.00 








Western Union Telegraph Co. - _ _ . 




Williamston Telephone Co. 








Roanoke and Tar River Steamboat Co. - 








» 








1,343,092.94 



88 



N. C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



McDowell 



Mecklenburg 



Mitchell 



Montgomery 



Moore 



Southern Railway r —\ 32.24 

South Carolina and Georgia ■ 13.90 

Pullman Co 

Southern Express Co. ! 45.54 

Western Union Telegraph Co i 

Burke County Telephone Co ; 



Southern Railway ! 34.88 

Atlanta and Charlotte Air Line 11.42 

North Carolina Railroad 11.90 

Seaboard Air Line 23.90 

Catawba Power Co. 

Pullman Co 

Southern Bell Telephone and Telegraph Co ' 

Southern Express Co | 82. 10 

Western Union Telegraph Co , ' 

Charlotte Consolidated Construction Co. ' 

American Telephone and Telegraph Co 

American Cotton Oil Co. 

Atlantic Postal Telegraph Co I 



Western Union Telegraph Co. 



East Tennessee and Western North Carolina 3.00 

Railroad Co 

Linville River Railway Co. ' 12.00 

South and Western ' 37.00 



Southern Express Co. 44.25 

Troy Telephone and Electric Light Co 

Aberdeen and Ashboro Railroad Co 39.75 

Mount Gilead Telephone and Electric Light Co 

Ashboro Telephone Co 

Durham and Charlotte Railroad Co 5.47 



$24,721.25 
5,417.53 



Atlantic and Yadkin 
Atlantic Coast Line - 
Seaboard Air Line-— 



3.39 

8.55 
38.50 



109.84 



$797, 012. 99 

75,303.68 

5,032.00 

5,002.60 

8,895.44 

400.00 

891,646.71 



24,721.25 
28,508.91 
29,319.44 
19,982.69 



109.84 



862, 277. 08 

325,571.80 

348,901.42 

477,586.21 

46, 835. 00 

7,548.00 

59,583.70 

9,018.40 

52,288.34 

152,355.00 

12,112.00 

4,900.00 

2,914.54 



2,361,891.49 



6,666.66 



2,500.00 
4,132.32 



109.84 



5, 124. 



2,945.26 

9,932.95 
25, 173. 55 
19,982.69 



452.96 
20,000.00 

30,000.00 

152,895.22 



203,348.18 



4,860.85 
1,200.00 
124,211.99 
1,500.00 
150.00 
16,110.59 



148,033.43 



33,672.73 
215,233.93 
769,333.43 



ASSESSMENT OF RAILROAD PROPERTY. 



89 



STATEMENT W-Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Moore 

(Continued.) 



Nash 



New Hanover 



Northampton- 



Pullman Co 

Swift Refrigerator Co. 

Southern Express Co. 

Western Union Telegraph Co 

Aberdeen and Ashboro Railroad Co 

Aberdeen and Rockfish Railroad Co. 

Carthage Railroad 

Southern Bell Telephone and Telegraph Co. 

Durham and Charlotte Railroad 

Atlantic and Western Railway 



Atlantic Coast Line 

Pullman Co 

Home Telephone and Telegraph Co 

Southern Express Co. 

Western Union Telegraph Co 

American Telephone and Telegraph Co. - 



Atlantic Coast Line 

Seaboard Air Line 

Pullman Co. 

Southern Express Co. 

Western Union Telegraph Co 

New Hanover Transit Co. 

Consolidated Railways, Light and Power Co. 

The Clarendon Water- Works Co 

Southern Bell Telephone and Telegraph Co.- 

Robert Portner Brewing Co 

Atlantic Postal Telegraph Co 



Atlantic Coast Line 

Seaboard Air Line 

Southern Bell Telephone and Telegraph Co. 
Pullman Co. 

Southern Express Co. 

Western Union Telegraph Co 

Home Telephone and Telegraph Co. 



84.37 



27.00 
2.35 
18.50 



26.00 
9.00 



30.38 



30.38 



.37 



19 



.00 



7.03 
42.67 



50.72 



109. 84 



3, 124. 83 
3,704.41 
2, 702. 70 



2,945.26 
1,923.33 



25,173.55 



$ 5,975.50 

1,000.00 

9,267.85 

22,733.06 

84,370.40 
8,705.40 

50,000.00 
5,185.40 

76,576.87 

17,310.00 



1,299,364.57 



109. 84 



764, 772. 70 
1,729.75 
6,550.00 
3,337.20 
1,822.66 
2,980.00 



781,192.31 



25,173.55 
19,982.69 



109.84 



1,675.00 



747,151.22 

67,341.61 

1,415.25 

5,073.75 

11,844.68 

6,700.00 

187,500.00 

10,000.00 

58,575.00 

735.00 

276.00 



1,096,612.51 



25,173.55 
19,982.69 



109. 84 



176, 970. 12 

852,661.30 

2,640.00 

3,931.25 

5,571.35 

22,716.00 

25.00 



90 



N. C. CORPORATION COMMISSION. 



STATEMENT W-Continued. 



County. 



Northampton — 

(Continued. ) 



Onslow 



Orange 



Pamlico 



Dis- 



Name of Road or Other Company. tanoe 



Northampton and Hertford Railroad Co. 
American Telephone and Telegraph Co. - 
Atlantic Postal Telegraph Co 



9.00 



Valuation 
Per Mile. 



$ 3,333.33 



Total 
Issessei 
Value. 



30,000.00 
2,520.00 

873. 60 



Atlantic Coast Line 

Southern Express Co. 

Western Union Telegraph Co 

Dover and Southbound Railroad Co. 



.31 ! 25,173.55 
.31 I 109.84 



5.40 



.57 



1,097,908.62 



914,051.90 
3, 988. 50 
3,239.84 
5,932.25 



927,212.49 



29,319.44 
2,470.31 



North Carolina Railroad 17.27 

State University Railroad 10.14 

Pullman Co 

Union Tank Line ! 1 

Southern Express Co 27.67 109.84 

Southern Bell Telephone and Telegraph Co 

Western Union Telegraph Co. \ 

Chapel Hill Telephone Co L — 

Mebane-Ridgeville Telephone Co. 

North Carolina Telephone Co.-- ' 

American Telephone and Telegraph Co ' 

Atlantic Postal Telegraph Co I 



Old Dominion Steamship Co 

Pamlico, Oriental and Western Railroad Co. 
Pamlico and Beaufort Telephone Co. 



506,346.82 

25,049.00 

2,673.25 

4,023.90 

3, 039. 60 

4, 260. 30 

6,449.83 

2,370.00 

471.50 

692. 30 

1,061.00 

1,599.60 

558, 037. 10 



3,579.01 



3, 342. 86 
40,800.75 

1,450.00 
45,593.61 



Pasquotank 



Southern Express Co , 22.79 109.84 

Western Union Telegraph Co 

Norfolk and Southern Railway 12.06 17,740.16 

Virginia and Carolina Coast Railroad 

Elizabeth City Electric Light and Power Co. 

Elizabeth City Water and Power Co. 

Old Dominion Steamship Co 



Norfolk and Carolina Telephone and Telegraph 
Co 



Elizabeth City Telephone Co. 



10.13 4,474.51 



2,503.60 

1,640.64 

213,946.40 

45,326.85 
8, 000. 00 

50,000.00 
2,142.90 
3,000.00 

10,000.00 
336,560.30 



ASSESSMENT OF RAILROAD PROPERTY. 



91 



STATEMENT W-Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Pender 



Perquimans 



Person 



Pitt 



Polk. 



Atlantic Coast Line 

Pullman Co 

Union Tank Line 

Southern Express Co. 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Continental Fruit Express Co. 

Armour Car Lines 



62.99 



62.83 



Southern Express Co. 

Western Union Telegraph Co 

Norfolk and Southern Railroad Co.- 



Norfolk and Carolina Telephone and Tele- 
graph Co 



Elizabeth City Telephone Co 

Virginia and Carolina Coast Railroad Co. 



Atlantic and Danville Railroad- - 
Southern Express Co. .- 

Western Union Telegraph Co 

North Carolina Telephone Co 

Mebane-Ridgeville Telephone Co. 
Norfolk and Western Railroad - - - 



Atlantic Coast Line 

Southern Express Co. 

Western Union Telegraph Co 

East Carolina Railway Co 

Home Telephone and Telegraph Co. 



Asheville and Spartanburg 

Pullman Co 

Polk County Telephone Co. 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co. 



25.36 



9.30 



5.20 
27.39 



22.19 



56.49 
63.49 



6.52 



10.00 



10.00 



$25,173.55 $1,585,682.45 
3,931.25 



109. 84 



109. 84 



16.30 17,740.16 



4,474.51 



10,000.00 
109.84 



14,242.74 



25,173.55 
109.84 



.79 



109.84 



4,023.90 
6,901.70 
16, 672. 91 
4,248.20 
3,000.00 
6,333.00 



1,630,793.41 



2, 785. 90 

2,026.29 

289,164.70 

2,520.00 

1,000.00 

41,613.00 



339,109.89 



52,000.00 

3, 008. 95 

3,741.93 

423.07 

322.00 

316,046.43 



375,542.38 



1,422,054.32 

6, 974. 20 

9,506.90 

13,041.08 

14,150.00 



1,465,726.50 



38,297.90 
1,572.50 
1,300.00 
1,098.40 
488.40 



92 



N. C. CORPORATION COMMISSION. 



STATEMENT W— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 
^.ssessei 
Value. 



Polk 

(Continued.) 



Randolph - 



Richmond 



Robeson . 



Western Union Telegraph Co 

American Telephone and Telegraph Co. 



$ 2,449.17 
1,143.00 



96,349.37 



Atlantic and Yadkin 

High Point, Randleman, Ashboro and Southern. 

North Carolina Railroad 

Randleman Telephone Co 

Pullman Co. 

Southern Express Co. ,- 

Ashboro Telephone Co 

Western Union Telegraph Co 

North State Telephone Co 

Aberdeen and Ashboro Railroad Co 



9,! 



23.74 



),992.53 



Seaboard Air Line 

Pullman Co 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co. 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 



Atlantic Coast Line 

Seaboard Air Line 

Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Red Springs and Bowmore Railroad Co. . 

Aberdeen and Rockfish Railroad Co 

Lumberton Telephone Co. 

Carolina Telephone and Telegraph Co 

Robert Portner Brewing Co. 

Raleigh and Charleston Railroad Co. 

American Telephone and Telegraph Co. - 
Atlantic Postal Telegraph Co. 



.60 29,319.44 



109.84 



14.00 3,124. 



19, 982. 69 



302,855.70 

237,222.70 

17,591.68 

2,496.00 

157. 25 

7,725.35 

2, 350. 00 

6,410.57 

50.00 

43,747.61 



46.20 



30.60 



109.84 



942,983.03 

5,032.00 

5,075.20 

9,473.20 

18,778.21 

234.50 



981, 576. 14 



25,173.55 
19, 982. 69 



112.90 109.84 



14.50 1,222.85 
8.60 ! 3,704.41 



20.76 ; 4,000.00 



2,031,254.54 

611,470.23 

5,346.50 

12,401.45 

20, 289. 32 

17,731.42 

31,857.95 

2,150.00 

3,653.23 

735.00 

83, 040. 00 

6,255.00 

2,489.52 



2,828,674.19 



ASSESSMENT OF RAILROAD PROPERTY. 



93 



STATEMENT W-Continued. 



County. 



Rockingham - 



Rowan- 



Rutherford 



Name of Road or Other Company. 



Southern Railway 

Atlantic and Yadkin 

Southern Bell Telephone and Telegraph Co. 

Pullman Co. 

Southern Express Co. 

Western Union Telegraph Co 

Danville and Western Railway 

Norfolk and Western Railway Co. 

International Telephone Co 

American Cotton Oil Co. 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Southern Railway 

North Carolina Railroad 

Yadkin Railroad 

Southern Bell Telephone and Telegraph Co. 

Pullman Co. 

Southern Express Co. 

Western Union Telegraph Co 

Albemarle Telephone Co 

American Cotton Oil Co. 

Concord Telephone Co. 

North Carolina Midland Railroad 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



South Carolina and Georgia Railroad- - 

Forest City Telephone Co 

Seaboard Air Line Railway 

Cliffside Railroad Co 

Ellenboro Telephone Co 

Southern Express Co. 

Caroleen and Henrietta Telephone Co. 

Western Union Telegraph Co 

Rutherford Telephone Co 



Dis- Valuation 
tance. I Per Mile. 



21.20 ! $24,721.25 
10.44 9,932.95 



59.36 



7.25 
20.02 



17.52 
20.60 
16.66 



54.78 



17.20 



24.90 



15.72 
3.00 



42.50 



109. 84 



3,911.98 
14, 242. 74 



24,721.25 

29,319.44 

4,989.02 



109.84 



Total 

Assessed 

Value. 



$524 

103 

11 

3 

6 

37 

28 

285 

2 



2 
1,015 



, 090. 39 
,700.03 
,732.60 
,302.25 
,520.55 
,622.42 
,361.86 
,139.68 
,000.00 
,616.70 
, 820. 00 
,304.60 
,211.08 



433, 
603, 



9,946.22 



5,417.53 



19,982.69 
2,466.66 



109.84 



171, 

6, 

3, 

1,385, 



116.19 
980.54 
117.15 
591.00 
975. 50 
017.45 
489. 41 
250. 00 
616.66 
400.00 
074.94 
015.00 
280. 95 
924. 79 



134,896.54 
1,250.00 

314, 127. 80 
7, 400. 00 
320.00 
4, 668. 50 
1,600.00 
6,537.30 
2,000.00 

472, 800. 14 



94 



N. C. CORPORATION COMMISSION". 



STATEMENT W-Continued. 



County. 



Sampson 



Scotland- 



Stanly . 



Stokes - 



Surry - 



Name of Road or Other Company. 



Atlantic Coast Line 

Southern Express Co 

Western Union Telegraph Co 

Duplin Telephone Co. ^ 

Roseboro and Fayetteville Telephone Co. 

Clinton-Dunn Telephone Co. 

Garland-Clinton Telephone Co 

Sampson County Telephone Co. 



Atlantic Coast Line 

Seaboard Air Line 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co. 

Western Union Telegraph Co 

Red Springs and Bowmore Railroad Co 

American Telephone and Telegraph Co 

Atlantic Postal Telegraph Co 



Yadkin Railroad 

Southern Express Co. 

Albemarle Telephone Co 

Western Union Telegraph Co 

Norwood Electric and Water Co. 
Whitney Co 



Atlantic and Yadkin 20. 80 



Southern Express Co. 

Southern Bell Telephone and Telegraph Co. 

Western Union Telegraph Co. 

Norfolk and Western Railway Co 



Southern Railway 

Atlantic and Yadkin 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co. . 
Woodlawn Telephone and Telegraph Co. 



Dis- 
tance. 



49.35 
49.35 



10.03 
20.71 
32.32 



3.00 



23.19 
29.19 



Valuation 
Per Mile. 



31.47 



10.67 



17.40 
52.55 



$25, 173. 55 
109.84 



$1,242,315.11 
5,420.75 
6,416.49 
470. 00 
1,166.67 
1,290.00 
2,500.00 
1,250.00 



25,173.55 

19,982.69 

109.84 



Total 
Vssesse- 
Value. 



1,260,829.02 



4,988.02 
109. 84 



9, 932. 50 
109.84 



14,242.74 

24,721.25 

9,932.95 

109.84 



252,490.79 
413,841.42 
3,550.35 
7,519.60 
6, 624. 98 
3,668.57 
2,325.00 
2,571.90 



692,592.61 



115,695.47 

3,206.75 

2,250.00 

2,541.70 

355.00 

40,000.00 



164,048.92 



206,605.43 
3,456.95 
2,696.10 
4,776.65 

151,970.05 



369, 505. 18 



819,015.00 

172,833.39 

5, 772. 80 

1,772.10 

100.00 



ASSESSMENT OF RAILROAD PROPERTY 



95 



STATEMENT W-Continued. 



County. 



Surry 

(Continued.) 



Swain 



Transylvania 



Tyrrell 
Union - 



Vance 



Wake- 



Name of Road or Other Company. 



Western Union Telegraph Co 

Mount Airy and Eastern Railway Co. 



Southern Railway 

Southern Express Co. 

Franklin Telephone and Electric Co. 
Western Union Telegraph Co 



Dis- 
tance. 



5.00 



Valuation 
Per Mile. 



1,940.00 



38.36 , 24,721.25 
38.36 I 109.84 



Southern Express Co 28.10 109.84 

Transylvania Railway Co. (Southern Railway) - 29.79 3,973.64 
Oconee Telephone Co. 



Tyrrell County Telephone Co. 



Seaboard Air Line 

Pullman Co. 

Monroe Telephone Co 

Southern Express Co. 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



90 ! 19,982.69 



39.80 



Southern Railway 



7.06 24,721.25 



109.84 



Seaboard Air Line j 28.35; 19,982.69 

Pullman Co. 

Southern Express Co. 35.41 

Southern Bell Telephone and Telegraph Co 

Western Union Telegraph Co 

Home Telephone and Telegraph Co j 

Atlantic Postal Telegraph Co 



29,319.44 
19,982.69 
4,930.61 



North Carolina Railroad I 27.52 

Seaboard Air Line [ 43.39 

Durham and Southern Railroad 28.60 

Pullman Co. 

Raleigh and Pamlico Sound Railroad 17.60 j 3,879.83 

Interstate Telephone and Telegraph Co I 



Total 

Assessed 

Value. 



$ 5,188.70 

9,700.00 

1,014,381.69 



948,307.02 

4,213.65 

160. 00 

3,494.05 

956, 174. 72 



3,087.00 

118,374.92 

170. 00 

121,631-92 



740.00 



797,309.20 
6,290.00 
3,000.00 
4,372.15 
3,930.30 
16,651.43 

831,553.08 



174,531.93 
566,509.18 
3,145.00 
3,890.20 
1,497.10 
11,779.43 
9,700.00 
3,640.00 



774,692.84 



806,871.09 
867, 048. 80 
141,015.50 
9,906.75 
68,285.00 
16,882.00 



96 



K". C. CORPORATION" COMMISSION. 



STATEMENT W-Continued. 



County. 



Wake 

(Continued.) 



Warren - 



Washington 



Name of Road or Other Company. 



Southern Express Co. 

Cudahy Packing Co 

Western Union Telegraph Co 

Durham and South Carolina Railroad 

Raleigh and Southport Railroad 

Southern Bell Telephone and Telegraph Co. 

Standard Gas and Electric Co 

Union Tank Line 

Home Telephone and Telegraph Co 

American Refrigerator Transit Co 

Cudahy Milwaukee Refrigerator Line 

Streets Western Stable— Car Line 

Raleigh Telephone Co 

Raleigh Electric Co 



Dis- Valuation 
tance. Per Mile. 



79.62 



.32 
20.00 



Southern Railway (one-third interest in Raleigh 
Union Station) 



American Telephone and Telegraph Co. 
Atlantic Postal Telegraph Co 



Seaboard Air Line 

Pullman Co 

Southern Express Co. 

Western Union Telegraph Co 

Warrenton Railroad 

Home Telephone and Telegraph Co. 
Atlantic Postal Telegraph Co 



31.21 



31.21 



.00 



Atlantic Coast Line 

Southern Express Co. 

Western Union Telegraph Co 

Tyrrell County Telephone Co 

Washington and Plymouth Railroad 

Norfolk and Southern Railroad 

Norfolk and Southern Railway, extension - 
Washington County Telephone Co 



3.87 
21.87 



24.45 
18.00 
10.09 



109.84 



Total 

Assessed 

Value. 



3,278.18 
4, 830. 81 



109. 84 



,146.66 



$ 8,746.20 

400.00 

35,194.38 

1,049.05 

96,616.28 

34,186.90 

22,264.00 

4, 023. 90 

530.00 

1,060.00 

550.00 

250.00 

7,500.00 

5,000.00 

10,000.00 
1,685.00 
7,510.60 



2,146,575.45 



623, 659. 65 
3,616.75 
3,428.50 
11,682.70 
9,440.00 
4,000.00 
4, 122. 60 



659,950.20 



25,173.55 
109.84 



1,664.47 

17,740.16 

1,663.16 



97,421.67 

2,402.50 

669.22 

150.00 

40,696.37 

319,323.00 

16,781.28 

600. 00 



478,044.04 



ASSESSMENT OF RAILROAD PROPERTY. 



97 



STATEMENT W-Continued. 



County. 



Wayne 



Wilkes 



Wilson 



Yancey . 



Name of Road or Other Company. 



North Carolina Railroad Co 

Atlantic Coast Line Railroad Co 

Pullman Co. 

Southern Express Co 

Western Union Telegraph Co 

Atlantic and North Carolina Railroad Co 

Goldsboro Navigation Co. 

Southern Bell Telephone and Telegraph Co. 

Union Tank Line 

Armour Car Lines 

Carolina Telephone and Telegraph Co. 



Dis- 
tance. 



10.47 
38.52 



5.99 



10.85 



Southern Railway 

Southern Express Co 

Western Union Telegraph Co. 



Atlantic Coast Line 

Pullman Co. 

Carolina Telephone and Telegraph Co. - 
Southern Express Co. 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 



South and Western Railway 
Burnsville Telephone Co 



18.11 
18.11 



Valuation 
Per Mile. 



$29,319.44 
25,173.55 



109.84 



7,535.63 



31.27 



31.27 



.00 



24,721.25 
109. 84 



25,173.55 



109. 84 



, 132. 32 



Total 
^.ssessei 
Value. 



$306, 974. 62 

969,685.46 

4,560.25 

6,480.00 

22,871.60 

81,761.65 

500. 00 

23,619.20 

4,023.90 

6, 334. 00 

600.00 



1,427,410.68 



447,701.72 
1,989.45 
1,865.43 



451,556.60 



787,177.17 
4,717.50 
7,537.40 
3,435.10 
18, 150. 16 
6,470.00 



827,487.33 



24,793.78 

500.00 

25,293.78 



Corp. 2 7 



98 



BT. C. CORPORATION COMMISSION. 



STATEMENT X— List of Towns, with Apportionment of Valuation to Each for Year 1906. 



Town. 



Name of Road or Other Company. 



Aberdeen - 

Ahoskie -- 

Ashpole -- 

Albemarle 

Andrews - 
Angier — 
Apex 

Archdale - 
Ashboro - - 

Asheville - 
Auburn — 



Seaboard Air Line 

Aberdeen and Ashboro Railroad Co 

Aberdeen and Rockfish Railroad Co. 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 

Wellington and Powellsville Railroad 

Western Union Telegraph Co 

North State Telephone Co 



Atlantic Coast Line Railroad Co. 

Lumberton Telephone Co 

Western Union Telegraph Co 



Yadkin Railroad 

Western Union Telegraph Co. 
Albemarle Telephone Co 



Southern Railway 

Durham and South Carolina Railroad 



Seaboard Air Line Railway 

Durham and South Carolina Railroad 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

North State Telephone Co 



High Point, Randleman, Ashboro and South- 
ern Railroad 



Aberdeen and Ashboro Railroad 

Western Union Telegraph Co 

Ashboro Telephone Co 



Southern Railway 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Asheville Telephone and Telegraph Co. 



Southern Bell Telephone and Telegraph Co. 



Dis- 
tance. 



1.00 
.50 
.65 



.46 
1.00 



Valuation 
Per Mile. 



$19,982.69 
3,124.83 
3,704.41 



25,173.55 
2,454.54 



1.00 



25, 173. 55 



1.42 I 24,721.25 

1.00 4,930.61 

1.04 19,982.69 

.90 4,930.61 



.41 
.50 



3.04 



.53 



3, 124. 



Total 
\ssesse> 
Value. 



$ 19,982.69 

1,562.41 

2,407.87 

197.10 

67.10 

11,579.84 

2,454.54 

55.98 

800.00 

26,432.24 
250. 00 



4,989.02 

55.45 

2,000.00 

35,104.17 

4,930.61 

20,782.00 

4,437.65 

167.10 

111.10 

25.00 

4,096.94 

1,562.41 

71.25 

2,000.00 

75, 162. 50 
838.26 
275.00 

38,740.00 

89.10 



ASSESSMENT OF RAILROAD PROPERTY. 



99 



STATEMENT X-Continued. 



Town. 



Aulander 



Aurora 

Autryville- 

Ayden 



Battleboro - 



Beaufort 



Bee Haven 
Belmont — 
Benson 



Bessemer City- 



Bethel- 



Biltmore 



Biscoe 

Black Creek- 



Name of Road or Other Company. 



Atlantic Coast Line Railroad Co. 

Western Union Telegraph Co 

North State Telephone Co 



Washington and Aurora Telephone Co. 



Atlantic Coast Line Railroad 

Roseboro and Fayetteville Telephone Co.- 

Atlantic Coast Line Railroad 

Home Telephone and Telegraph Co. 

Western Union Telegraph Co. 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. - 



Home Telephone and Telegraph Co. 
Beaufort Telephone Co. — 



Washington and Hyde County Telephone Co. 
Atlanta and Charlotte Air Line 



Atlantic Coast Line Railroad 

Western Union Telegraph Co. 

Benson Telephone Co 

American Telephone and Telegraph Co. - 

Atlanta and Charlotte Air Line 

Western Union Telegraph Co 

Piedmont Telephone Co 

American Telephone and Telegraph Co. - 



Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 



Southern Railway 

American Telephone and Telegraph Co. 

Aberdeen and Ashboro Railroad 



Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 



Dis- 
tance. 



.85 



Valuation 
Per Mile. 



$25,173.55 



.fin 



2.96 



.27 



.30 



1.00 
.51 



25,173.55 



Total 
^.ssessec 
Value. 



$ 21,397.52 



25,173.55 



25,173.55 



28,508.91 
25, 173. 55 



,508.91 



25,173.55 



24,721.25 



3,124.83 
25,173.55 



800.00 

50.00 

15, 104. 13 
66.00 

9,062.48 
500. 00 
25.05 

12,586.78 
128.55 
160.00 

200.00 

1,000.00 

1,500.00 

14,254.45 

12,586.76 

67.70 

500.00 

140.00 

84,386.38 

725.00 

800.00 

75.00 

6,796.86 

45.00 

7,416.37 
25.00 

3,124.83 

12,838.52 
95.30 



100 



N. C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Black Mountain 



Boyette — 
Boardman 



Name of Road or Other Company. 



Southern Railway Co 

Asheville Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 

Atlantic Coast Line Railroad 



Brevard Transylvania Railroad (Southern Railway) 



Bryson City Southern Railway 

Western Union Telegraph Co. 



Burgaw Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Burlington 



Cameron 



Candor 
Canton . 



North Carolina Railroad 

Atlantic Postal Telegraph Co 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Seaboard Air Line Railway 

Carthage Railroad 

Western Union Telegraph Co. 



Aberdeen and Ashboro Railroad - 



Caroleen-. 
Carthage 
Cary 



Catawba- 



Cerro Gordo 



Southern Railway 

Western Union Telegraph Co. 



Caroleen and Henrietta Telephone Co. 
Carthage Railroad Co 



North Carolina Railroad 

Seaboard Air Line Railway 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Southern Railway 

Southern Bell Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 



Dis- 
tance. 



1.72 



.50 
1.05 

.75 
1.00 



2.00 



1.20 
.50 



1.00 

1.00 
1.10 



1.00 



Valuation 
Per Mile. 



$24,721.25 



25,173.55 
25, 173. 55 
3,973.64 
24,721.25 



25, 173. 55 



29,319.44 



19,982.69 
2, 702. 70 



3, 124. 83 
24,721.25 



2,702.70 

29,319.44 
19,982.69 



24,721.25 



.78 I 25,173.55 



Total 

Assessed 

Value. 



$ 42,520.55 
236.00 

12,586.78 

26,432.24 

2,980.23 

24,721.25 
55.05 

25,173.55 

63.60 

188. 10 

58, 638. 88 

123.00 

257.55 

120. 00 

5,616.60 

23,979.22 
1,351.35 

185.20 

1,562.41 

12,360.62 

41.25 

1, 550. 00 

2,702.70 

29,319.44 
21,980.95 

481.20 
40.00 

160.60 

24,721.25 
78.10 



ASSESSMENT OF RAILROAD PROPERTY. 



101 



STATEMENT X-Continued. 



Town. 



Chadbourn 



Chapel Hill- 



Charlotte 



Cherryville 



China Grove - 



Clarkton- 



Claremont - 



Clayton - 



Cleveland 



Clinton 



Name of Road or Other Company. 



Atlantic Coast Line Railroad 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



Chapel Hill Telephone Co 

Southern Bell Telephone and Telegraph Co. 



Southern Railway Co. 

Atlanta and Charlotte Air Line 

North Carolina Railroad 

Seaboard Air Line Railway 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Seaboard Air Line Railway — 

Piedmont Telephone Co. 

Western Union Telegraph Co. 



North Carolina Railroad 

Western Union Telegraph Co 

Concord Telephone Co 

Southern Bell Telephone and Telegraph Co. 



Seaboard Air Line Railway 

Western Union Telegraph Co.- 

Southern Railway 

Western Union Telegraph Co.- 



North Carolina Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co 



Southern Railway 

Western Union Telegraph Co. - 

Atlantic Coast Line Railroad -- 
Western Union Telegraph Co.- 
Duplin Telephone Co. 

Garland-Clinton Telephone Co. 



Dis- 
tance. 



2.00 



Valuation 
Per Mile. 



Total 

Assessed 
Value. 



$25,173.55 $ 50,347.12 
155. 10 



1.85 24,721.25 
1.85 j 28,508.91 



1.29 
1.10 



1.00 



29,319.44 
19,982.69 



19, 982. 69 



1.00 



29,319.44 



1.00 



24,721.25 



1.06 



70 



.45 



29,319.44 



235. 50 

2,000.00 
67.10 

45, 734. 32 

52,741.49 

37,822.07 

21, 980. 95 

2,487.62 

445. 00 

275.00 

46,333.10 

19,982.69 
1,200.00 

76.25 

29,319.44 

566. 75 

200.00 

79.20 

27, 576. 11 
62.00 

24,721.25 
104. 10 

31,078.61 
171.70 
65.00 
78.10 



24,721.25 17,304.87 
133.80 



25, 173. 55 



11,328.10 

211.45 

20.00 

1,500.00 



102 



N". C. CORPORATION- COMMISSION. 



STATEMENT X-Continued. 



Town. 



Clyde - 



Coats 

Colfax 

Columbia - 
Columbus 
Concord — 



Conetoe 



Name of Road or Other Company. 



Southern Railway 

Western Union Telegraph Co. 



Benson Telephone Co 

Southern Bell Telephone and Telegraph Co. 

Tyrrell County Telephone Co. 

Polk County Telephone Co 



North Carolina Railroad 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co. 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 
Concord Telephone Co. 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 



Conoho Atlantic Coast Line Railroad- 



Conover 



Cornelius - 



Cooleemee - 

Council 

Dallas 



Southern Railway 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Southern Railway 

Southern Bell Telephone and Telegraph Co. 

Southern Bell Telephone and Telegraph Co. 
Seaboard Air Line Railway 



Carolina and Northwestern Railway 
Western Union Telegraph Co 



Davidson College^ 



Dillsboro 



Southern Railway 

Western Union Telegraph Co 

Mooresville Telephone Co 

Southern Bell Telephone and Telegraph Co. 

Southern Railway 

Western Union Telegraph Co 



Dis- Valuation 
tance. Per Mile. 



40 



1.00 
1.04 



1.13 



1.00 
1.17 



1.10 



$24,721.25 



29,319.44 



25, 173. 55 



25, 173. 55 
24,721.25 



24,721.25 



19, 982. 69 
7,994.80 



24,721.25 



Total 

Assessed 

Value. 



$ 9,888-50 
50.85 

20.00 

160.60 

700.00 

200.00 

42,806.38 

442. 60 

133.00 

540.00 

1,050.50 

3,600.00 

14,348.93 
49.85 

25,173.55 

25,710.11 

100.00 

78.10 

27,935.01 
91.30 

67.10 

19,982.69 

9,353.91 

52.65 

26,698.96 

117.25 

40.00 

1,056.00 

27,193.38 

47.25 



ASSESSMENT OF RAILROAD PROPERTY. 



103 



STATEMENT X-Continued. 



Town. 



Dover 



Durham 



Name of Road or Other Company. 



Atlantic and North Carolina Railroad Co. 
Dover and Southbound Railroad 



Southern Railway 

North Carolina Railroad 

Atlantic Postal Telegraph Co. 

Seaboard Air Line Railway Co 

Norfolk and Western Railway 

Western Union Telegraph Co 

Interstate Telephone Co 

Atlantic Postal Telegraph Co 

American Telephone and Telegraph Co. 



Dudley 



Dunn. 



Atlantic Coast Line Railroad 

Southern Bell Telephone and Telegraph Co. 



Earles 

Edenton 

Elizabeth City 



Elkin- 



Elk Park 



Atlantic Coast Line Railroad 

Durham and South Carolina Railroad -- 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co.- 



Western Union Telegraph Co. 



Dis- 
tance. 



1.36 
.50 

.83 
2.33 



.94 
1.27 



.69 



1.00 



Norfolk and Southern Railway 

Virginia and Carolina Coast Railroad 



Norfolk nnd Carolina Telephone and Telegraph 
Co 



Edenton Telephone Co. 



Norfolk and Southern Railway 

Virginia and Carolina Coast Railway - 
Atlantic Postal Telegraph Co 



Norfolk and Carolina Telephone and Telegraph 
Co. — 



Elizabeth City Telephone Co. 



Southern Railway 

Western Union Telegraph Co. 



East Tennessee and Western N. C. R. R. Co 

Western Union Telegraph Co 



1.10 



Valuation 
Per Mile. 



$ 7,535.63 
1,098.57 

24,721.25 
29,319.44 



19,982.69 
14, 242. 74 



25,173.55 



25,173.55 
4,930.61 



Total 
Vssesse- 
Value. 



17,740.16 
4,474.51 



2.00 



.50 



17,740.16 
4,474.51 



24,721.25 



$ 10,248.40 
549.28 

20,518.63 

68,314.30 

97.90 

18,783.73 

18,088.28 

309.85 

3,500.00 

97.90 

140. 00 

17,369.75 
67.10 

25,173.55 

3,254.21 

122. 50 

200.00 

1,927.00 

67. 05 

19,514.18 
3,246.67 

50.00 
1,500.00 

12,418.11 

3,342.16 

23.40 

100. 00 

10,000.00 

49, 442. 50 
62.85 

3,333.33 
79.45 



104 



N. C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Ellenboro — 
Elon College 

Enfield 

Elm City 

Everette 

Fair Bluff 

Faison 

Faith 

Farmville 

Fayetteville 

Forest City - 



Name of Road or Other Company. 



Seaboard Air Line Railway 

Western Union Telegraph Co. - 
Ellenboro Telephone Co 



North Carolina Railroad 

Southern Bell Telephone and Telegraph Co. 

American Telephone and Telegraph Co. 

Atlantic Postal Telegraph Co 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Home Telephone and Telegraph Co 



Atlantic Coast Line Railroad 

Western Union Telegraph Co. 

American Telephone and Telegraph Co.- 

Atlantic Coast Line Railroad 

Western Union Telegraph Co 



Atlantic Coast Line Railroad 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Southern Bell Telephone and Telegraph Co. 
East Carolina Railroad 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co. - 



South Carolina and Georgia — 
Western Union Telegraph Co. 

Forest City Telephone Co 

Seaboard Air Line Railway— 



Dis- 
tance. 



1.00 



,53 



,83 



1.00 



2.00 



Valuation 
Per Mile. 



$19,982.69 



29,319.44 



25,173.55 



25,173.55 



25,173.55 



25,173.55 



2,000.16 



5,417.53 



1.25 19 



Total 
Vssesse 
Value. 



$ 19,982.69 

97.40 

200. 00 

20,230.42 

. 114.40 

45.00 

50.40 

25,173.55 

288. 75 

75.00 

550.00 

13,341.98 
282. 33 
175.00 

20,894.05 
55.05 

25,173.55 
144. 10 
113.05 

17,118.02 
114.60 
67.10 

67.10 

320.03 

105,980.68 

114.60 

237.00 

115.00 

5,000.00 

10,835.06 

56.45 

850.00 

24,978.36 



ASSESSMENT OF RAILROAD PROPERTY. 



ID- 



STATEMENT X-Continued. 



Town. 



Fountains 



Four Oaks- 



Franklinton 



Fremont- 



Garner 



Garysburg- 



Gastonia- 



Germanton - 
Gibson 

Gibsonville . 

Glen Alpine 
Gold Hill — 



Name of Road or Other Company. 



East Carolina Railroad 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 



Seaboard Air Line Railway 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Home Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Atlantic Coast Line Railroad Co. 
Western Union Telegraph Co 



American Telephone and Telegraph Co. 
North Carolina Railroad 



Seaboard Air Line Railway 



Atlanta and Charlotte Air Line 

Carolina and Northwestern Railway 

Atlantic Postal Telegraph Co. 

Western Union Telegraph Co 

Piedmont Telephone Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Atlantic and Yadkin 



Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Southern Bell Telephone and Telegraph Co. 
Postal Telegraph Co 



North Carolina Railroad 

Southern Bell Telephone and Telegraph Co. 
American Telephone and Telegraph Co 



Southern Railway- 
Yadkin Railroad- 



Dis- 
tance. 



1.00 
.53 



.96 



1.30 



1.00 

1.50 

2.00 
1.00 



1.00 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



$ 2,000.16 
25, 173. 55 



19,982.69 



25, 173. 55 



29,319.44 

19, 982. 69 

28,508.91 
'7,994.80 



9,932.95 

25,173.55 
19,982.69 



29,319.44 



24,721.25 
4,989.02 



$ 2,000.16 

13,341.98 

69.45 

160.00 

19, 183. 39 
124.30 
129.54 
200. 00 
122.10 

32,725.62 
117.15 

65.00 
29,319.44 

29,974.03 

57,017.82 

7,994.80 

278. 98 

935.20 

6,000.00 

985.00 

55.00 

4,966.48 

9,314.21 

16,985.29 

993.30 

47.00 

18,471.24 

209.00 

60.00 

24,721.25 

1,396.92 



106 



N. C. CORPORATION COMMISSION". 



STATEMENT X-Continued. 



Town. 



Godwin. 



Goldsboro 



Graham 



Granite Falls- 



Greensboro - 



Name of Road or Other Company. 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co. - 



North Carolina Railroad 

Atlantic Coast Line Railroad 

I Atlantic and North Carolina Railroad 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

North Carolina Railroad 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Carolina and Northwestern Railroad 



Greenville 

Grifton 

Grimesland 

Grover 

Guilford College 
Halifax 



Southern Railway 

Atlantic and Yadkin 

North Carolina Railroad 

Atlantic Postal Telegraph Co 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Home Telephone and Telegraph Co. 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 



Home Telephone and Telegraph Co. 



Atlanta and Charlotte Air Line 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 



Southern Bell Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Home Telephone and Telegraph Co 



Dis- 
tance. 



50 



.79 

1.90 

.89 



.47 



1.00 

1.80 
2.85 
2.11 



. f,<) 



Valuation 
Per Mile. 



$25,173.55 



29,319.44 

25,173.55 

7,535.63 



29,319.44 



7,994.80 

24,721.25 

9, 932. 95 

29,319.44 



25, 173. 55 



25,173.55 



28,508.91 



25,173.55 



Total 
^.ssessei 
Value. 



$ 12,586.77 

120.11 

120.00 

40.00 

20,523.60 

47, 829. 76 

6,706.72 

519. 60 

11,794.20 

13,780.13 

65. 00 

2,814.90 

7,994.80 

44,498.25 
28,308.90 
61,864.02 

435.00 
2,331.34 

315.00 
49,515.40 

22,656.20 

49.74 

7,500.00 

14,482.40- 
58.15 

200.00 

14,254.45 
222.35 
200.00 

183.70 

17,621.49 
178. 50 
200.00 



ASSESSMENT OF RAILROAD PROPERTY. 



107 



STATEMENT X-Continued. 



Town. 



Hamlet — 

Hassell 

Hazlewood 
Henderson 



Hendersonville 



Hertford 



Hickory 



Highlands -- 
High Point - 



Hillsboro 



Name of Road or Other Company. 



Seaboard Air Line Railway 

Southern Bell Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 



Southern Railway Co. 



Southern Railway 

Seaboard Air Line Railway 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Home Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Asheville and Spartanburg — 

Transylvania Railroad Co. (Southern Railway) 
Western Union Telegraph Co 

American Telephone and Telegraph Co 

Asheville Telephone and Telegraph Co. 



Norfolk and Southern Railroad- 
Elizabeth City Telephone Co.— 



Southern Railway 

Southern Bell Telephone and Telegraph Co. 

Carolina and Northwestern Railway 

Hickory Electric Co. 

Western Union Telegraph Co 



Southern Railway Co. 



High Point, Randleman, Ashboro and Southern 
Raiiroad 



North Carolina Railroad 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co. 

North State Telephone Co 

Southern Bell Telephone and Telegraph Co. 



North Carolina Railroad 

North Carolina Telephone Co 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Dis- 
tance. 



3.00 



.31 



,48 



Valuation 
Per Mile. 



$19, 982. ( 



2,046 



1.41 
1.50 



2.00 



1.61 



.82 



1.38 
2.44 



.13 



Total 

Assessed 

Value. 



$ 59,948.07 
2,398.00 



25,173.55 7,803.80 



24,721.25 



.36 ! 24,721.25 



19,982.69 



8,829.79 
3, 973. 64 



17,740.16 



24,721.25 



7,994.80 



24,721.25 



9,992.53 
29,319.44 



29,319.44 



11,866.20 

8,899.65 

40, 884. 58 

415.50 

296.00 

3,000.00 
122.10 

12,450.00 

5,960.47 

191.05 

260. 00 

3,756.00 

9,224.88 
1,000.00 

49, 442. 50 

22.00 

12,871.63 

3,000.00 

246. 55 

20,271.43 

13,789.69 

71,539.43 

695.73 

155.00 

16,500.00 

700.70 

3,811.53 

9.61 

47.15 

70.00 

168.30 



108 



N. C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Hobgood 

Hoffman 

Holly Springs 
Hope Mills — 

Hot Springs- 
Huntersville- 

Jackson 

Jacksonville— 

Jamesville 

Jerome 

Jonesboro 

Kelford 

Kenansville - 
Kenly 



Name of Road or Other Company. 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 



Seaboard Air Line Railway 

Southern Bell Telephone and Telegraph Co. 

Durham and South Carolina Railroad 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Aberdeen and Rockfish Railroad 



Southern Railway Co. 

Western Union Telegraph Co. 



Southern Railway 

Western Union Telegraph Co. 

Southern Bell Telephone and Telegraph Co. 

Northampton and Hertford Railroad 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 

Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 
Williamston Telephone Co 



Atlantic Coast Line Railroad 

American Telephone and Telegraph Co. 



Atlantic Coast Line Railroad— - 
Atlantic and Western Railway - 
Western Union Telegraph Co.- 



Atlantic Coast Line Railroad - 
Seaboard Air Line 

Western Union Telegraph Co. 



Duplin Telephone Co. 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 



Dis- 
tance. 



.94 



1.00 
1.50 



.47 



1.00 



.50 

.64 



1.00 
.93 



.50 



Valuation 
Per Mile. 



$25,173-55 



19,982.69 



4,930.61 
25, 173. 55 



3, 704. 41 
24,721.25 



24, 721. 25 



Total 

Vssessei 
Value. 



3,333.33 
25,173.55 



25,173.55 



25,173-55 



25,173.55 
1,923.33 



25,173.55 
19, 982. 69 



25,173.55 



$ 23, 663. 14 
135.23 

21,581.30 
67.10 

4,930.61 

37,760.33 

170. 15 

85.00 

1,741.08 

26,698.95 
94.70 

24,721.25 
54.00 
144. 10 

1,666.66 

16,111.07 
50.05 

14,348.94 
41.45 
30.00 

12,586.78 
140. 00 

25,173.55 

1,788.70 

117-00 

14,097.19 

7, 953. 11 

112.78 

40.00 

12, 586. 76 

89.33 

150.00 



ASSESSMENT OF RAILROAD PROPERTY. 



109 



STATEMENT X— Continued. 



Town. 



Name of Road or Other Company. 



Dis- Valuation 
tance. Per Mile. 



Total 

^.ssessei 
Value. 



Kernersville- 



Kings Mountain 



Kittrell 

Keyser 

Kinston 

Lagrange 

Lake Waccamaw 
Lattimore 

Lawndale 

Laurinburg 

Leaksville 

Lenoir 



Southern Railway 

Western Union Telegraph Co 

Kernersville Telephone Co. 

Southern Bell Telephone and Telegraph Co. 

Atlantic and Charlotte Air Line 

Western Union Telegraph Co 

Piedmont Telephone Co 

American Telephone and Telegraph Co 



Seaboard Air Line 

Western Union Telegraph Co 

Home Telephone and Telegraph Co. 



Seaboard Air Line Railway — 
Western Union Telegraph Co. 



Atlantic Coast Line Railroad 

Atlantic and North Carolina Railroad 
Western Union Telegraph Co 

Carolina Telephone and Telegraph Co. 
Home Telephone and Telegraph Co 



Atlantic and North Carolina Railroad 
Western Union Telegraph Co 



Southern Bell Telephone and Telegraph Co. 

South Carolina and Georgia Railroad 

Seaboard Air Line Railway 



Lawndale Railroad 



Seaboard Air Line Railway 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



International Telephone Co. 



Caldwell and Northern Railroad 

Carolina and Northwestern Railroad 

Western Union Telegraph Co 

Lenoir Electric Co. 



1.29 ; $24,721.25 



1.53 28,508.91 



.30 | 19,982.69 



1.00 I 19,982. 



.36 
1.06 



86 



1.00 
1.00 

.50 

1.25 



25,173.55 
7,535.63 I 



7,535.63 



5,417.53 
19,982.69 

2,333.33 

19,982.69 



.58 
.60 



$ 31,890.42 

115.80 

675.00 

78.10 

43,618.63 

544. 55 

2,000.00 

550.00 

5,993.80 
86.30 
200.00 

19, 982. 69 
186. 70 

9,062.48 
7, 987. 77 

188. 07 
4,168.00 

100.00 

6,480.65 
58.15 

166. 10 

5,417.53 
19, 982. 69 

1,666.66 

24,978.36 

156.15 

1,727.00 

473. 00 

2,371.58 

4, 796. 88 

78.65 

1,450.00 



110 



N. C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Leicester - 
Lexington 



Liberty — 
Lilesville -- 

Lillington - 
Lincolnton 

Littleton -- 

Louisburg - 

Lowell 

Lucama --- 

Lumberton 



Name of Road or Other Company. 



American Telephone and Telegraph Co. 



North Carolina Railroad 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co. 

American Telephone and Telegraph Co 

Lexington Telephone Co. 

Southern Bell Telephone and Telegraph Co. 

Atlantic and Yadkin Railroad 

Western Union Telegraph Co 



Seaboard Air Line Railway 

Western Union Telegraph Co 

Wadesboro Telephone Co. 

Southern Bell Telephone and Telegraph Co. 

Raleigh and Southport Railroad 



Seaboard Air Line Railway 

Carolina and Northwestern Railroad - 

Piedmont Telephone Co. 

Western Union Telegraph Co 



Seaboard Air Line Railway 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Home Telephone and Telegraph Co. 

Seaboard Air Line Railway 

Home Telephone and Telegraph Co. 



Atlanta and Charlotte Air Line 
Western Union Telegraph Co.-- 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 

Seaboard Air Line Railway — 

Lumberton Telephone Co 

Western Union Telegraph Co 

Raleigh and Charleston Railroad 



Dis- 
tance. 



1.85 



1.43 



1.00 



.50 

1.80 
2.12 



1.50 



.55 



53 



Valuation 
Per Mile. 



29,319.44 



1.00 



.47 



),932.95 



19, 982. 



4,830.81 

19,982.69 
7,994.80 



19,982.69 



19,982.69 



Total 
^.ssessei 
Value. 



28, 508. 91 



25,173.55 



19,982. 



1,000.00 



210.00 

54,204.96 

297. 03 

105.00 

305.00 

3,500.00 

78.10 

14,204.12 
88.55 

19,682.69 
206. 15 
500.00 
144.10 

2,415.41 

35,968.85 

16,948.98 

3,000.00 

147. 10 

29,974.03 
231. 70 
158.00 
500. 00 

10,990.49 
2,250.00 

27,378.55 
348.35 

13,341.99 

99-83 
204. 00 

19,982.69 

1,500.00 

62.20 

1,880.00 



ASSESSMENT OF RAILROAD PROPERTY. 



Ill 



STATEMENT X-Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Lumber Bridge - 



Macon - 



Atlantic Coast Line Railroad 

American Telephone and Telegraph Co. 



Seaboard Air Line Railway 

Western Union Telegraph Co. 

Macclesfield , East Carolina Railway 



Madison 



Magnolia 



Maiden 



Manly 



Margarettsville- 



Marion 



Marshall- 



Marshville- 



Matthews 



Maysville- 



Maxton . 



Atlantic and Yadkin Railroad 

Norfolk and Western Railway Co. 
Western Union Telegraph Co. 



Atlantic Coast Line Railroad 
Western Union Telegraph Co. 



Carolina and Northwestern Railroad 
Western Union Telegraph Co 



Seaboard Air Line Railway — 
Western Union Telegraph Co. 

Seaboard Air Line Railway — 



Southern Railway 

South Carolina and Georgia Railroad- 
Burke County Telephone Co 

Western Union Telegraph Co 



Southern Railway 

Western Union Telegraph Co. 



Seaboard Air Line Railway 

Southern Bell Telephone and Telegraph Co. 



Seaboard Air Line Railway 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 



Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co._ 



1.00 



$25,173.55 



,X5 



.56 
1.69 



1.00 



1.00 



1.00 



1.00 

1.28 
.60 



1.00 



.93 

1.02 
1.28 



19,982.69 



2,000.16 

9,932.95 

14,242.74 



25,173.55 



7,994.80 



19,982.69 



19,982.69 

24,721.25 

5,417-53 



24,721.25 



19,982.69 



19, 982. 69 



25,173.55 

25, 173. 55 

19, 982. 69 



$ 25,173.55 
240.00 

17,025.25 
174.90 

1,000.08 

5,562.46 

24,070.25 

124. 80 

25,173.55 
164.10 

7,994.80 
67.05 

19,982.69 
192.10 

19,982.69 

31,643.21 

3,250.52 

100.00 

118.12 

25,462.88 
118.92 

19,982.69 
78.10 

29,974.03 
184.10 
166.00 

23,411.40 

25,677.03 

25,577.85 

139.15 

304.00 

1,000.00 



112 



N". C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Mayodan — 
McFarland 

Mebane 



Merry Oaks 



Micro- 



Name of Road or Other Company. 



Norfolk and Western Railway - 



Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 



North Carolina Railroad 

American Telephone and Telegraph Co. 
Western Union Telegraph Co 



Seaboard Air Line Railway 

American Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 



Milton 1 Western Union Telegraph Co. 



Monroe 



Montreat-— 
Mooresboro 
Mooresville . 



Morehead City- 



Morganton 



Mocksville North Carolina Midland Railroad 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 
Mocksville Telephone Co — 



Seaboard Air Line Railway 

Western Union Telegraph Co 

Monroe Telephone Co. 

Southern Bell Telephone and Telegraph Co. 



Asheville Telephone and Telegraph Co. 
South Carolina and Georgia Railroad — 



Southern Railway 

Western Union Telegraph Co. 

Mooresville Telephone Co 

Southern Bell Telephone and Telegraph Co. 

Atlantic and North Carolina Railway 

Western Union Telegraph Co 

Morehead City Telephone Co. 



Southern Railway 

Western Union Telegraph Co 

Burke County Telephone Co 

Southern Bell Telephone and Telegraph Co. 



Dis- 
tance. 



1.10 
1.00 



1.00 



.74 



.30 



1.75 



1.48 



Valuation 
Per Mile. 



$14,242.74 
25,173.55 



29,319.44 



19,982.69 



25,173.55 



Total 
Vssessec 
Value. 



), 946.22 



19,982.69 



1.00 J 5,417.53 
2.00 24,721.25 



2.78 7,535.63 



1.59 24,721.25 



$ 15,667.01 

25, 173. 55 
74.25 

29,319.44 
55.00 
95.00 

14,787.20 
140. 00 

12, 586. 77 

23.20 

17,305.88 

220.65 

67.10 

100.00 

29, 574. 39 

220.65 

3,000.00 

210.10 

86-00 

5,417.53 

49, 442. 50 

162. 89 

2,500.00 

144.10 

20,949.06 
141.90 
800.00 

39,306.78 

147.40 

1,200.00 

144. 10 



ASSESSMENT OF RAILROAD PROPERTY. 



113 



STATEMENT X— Continued. 



Town. 



Morrisville 

Morven 

Mount Airy 

Mount Holly 

Mount Olive 

Mount Pleasant 
Murphy 

Murf reesboro- — 
Nashville 

New Bern 

New London 
Newport 



Name of Road or Other Company. 



North Carolina Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 
Wadesboro Telephone Co. 



Atlantic and Yadkin 

Western Union Telegraph Co. 



Seaboard Air Line Railway 

Piedmont Telephone Co 

Western Union Telegraph Co.- 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Concord Telephone Co. 



Southern Railway 

Louisville and Nashville Railroad 

Western Union Telegraph Co 

Cherokee Telephone Co 



North State Telephone Co. 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Home Telephone and Telegraph Co. 



Atlantic Coast Line Railroad 

Atlantic and North Carolina Railroad - 

Western Union Telegraph Co 

Home Telephone and Telegraph Co .— 



Yadkin Railroad 

Western Union Telegraph Co. 



Atlantic and North Carolina Railroad - 
Western Union Telegraph Co 



Dis- 
tance. 



. GO 



1.00 



1.30 



.90 



.67 



1.20 
1.17 



1.65 



1.02 



Valuation 
Per Mile. 



$29, 319. 44 



25, 173. 55 



), 932.95 



19,982.69 



25,173.55 



24,721.25 
5,000.00 



25, 173. 55 



25,173.55 
7,735.53 



4,989.02 



7, 535. 63 



Total 

Assessed 

Value. 



$ 17,591.67 

68.10 

35.00 

160.60 

25, 173. 55 

67.05 

350.00 

19, 965. 23 
94.75 

25,977.49 

500.00 

66.65 

22,656.19 

92.80 

2,838.00 

200.00 

12,855.05 

3,000.00 

76.85 

250.00 

850.00 

16, 866. 28 
47.25 
100.00 

30,208.27 

8,816.69 

328.27 

6,000.00 

8,231.88 
47.25 

7,686.35 
76.02 



Corp. 2- 



114 



N. C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Newton 



North Wilkesboro - 

Norwood 

Oakley 

Oak City 

Old Fort 

Orrum 

Oxford 

Pactolus 

Parkton 

Parmele 

Pantego 

Pembroke 

Pikeville 

Pilot Mountain 



Name of Road or Other Company. 



Southern Railway '-, 

Carolina and Northwestern Railway 

Western Union Telegraph Co 

Piedmont Telephone Co 

Southern Bell Telephone and Telegraph Co. 

Southern Railway 

Western Union Telegraph Co. 



Yadkin Railroad 

Western Union Telegraph Co. 



Atlantic Coast Line Railroad- 
Atlantic Coast Line Railroad- 



Southern Railway 

Western Union Telegraph Co. 



Atlantic Coast Line Railroad- 



Southern Railway 

Oxford and Coast Line Railroad Co.- 

Western Union Telegraph Co 

Home Telephone and Telegraph Co.- 

Atlantic Coast Line Railroad 

Atlantic Coast Line Railroad 



Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 



Norfolk and Southern Railroad Co.- 

Atlantic Coast Line Railroad 

Seaboard Air Line Railway 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 



Atlantic and Yadkin 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Dis- 
tance. 



.41 
2.10 



.45 

1.00 

.75 



1.00 

.70 
.57 



.45 

.76 

2.36 



.50 

1.00 
1.00 



Valuation 
Per Mile. 



1.48 



$24,721.25 
7, 994. 80 



.02 



25,173.55 
25,173.55 
24,721.25 



25,173.55 

24,721.25 
5,443.46 



25,173.55 
25,173.55 
25, 173. 55 



17,740.16 

25,173.55 
19,982.69 

25,173.55 



9,932.95 



Total 
^.ssessei 
Value. 



$ 10,135.72 

16,780.08 

201.75 

1,500.00 

55.00 

36,834.66 

87.05 

1,746.16 
14.65 

11,328.10 

25, 173. 55 

18,540.93 
85.50 

25,173.55 

17,304.87 

3,102.77 

137.10 

1,500.00 

11,328.10 

19,131.90 

59,409.60 
85.05 

8,870.08 

25,173.55 
19,982.69 

16,362.81 
151. 50 

14,700.76 
61.05 
67.10 



ASSESSMENT OF RAILROAD PROPERTY. 



115 



STATEMENT X— Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



"Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Pine Level — 

Pinetops 

Pineville 

Pittsboro — 
Plymouth -- 

Polkton 

Pollocksville 

Princeton — 

Princeville - 
Raleigh 



North Carolina Railroad 

Western Union Telegraph Co. 

East Carolina Railroad 



1.00 



$29,319.44 



Southern Railway Co. 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



.45 
1.00 



Seaboard Air Line 

Pittsboro Telephone and Telegraph Co. 



.33 



Atlantic Coast Line Railroad 

Washington and Plymouth Railroad- 
Western Union Telegraph Co 



.30 
.22 



Seaboard Air Line 

Western Union Telegraph Co. 



,50 



Atlantic Coast Line Railroad- 



49 



Western Union Telegraph Co.- 



North Carolina Railroad 

Southern Bell Telephone and Telegraph Co. 



40 



Atlantic Coast Line Railroad- 



North Carolina Railroad - 



.45 
1.00 



Seaboard Air Line Railway 

Southern Railway (interest in Raleigh Union 
Station) 



Raef ord - 
Ramseur 



Western Union Telegraph Co 

Atlantic Postal Telegraph Co. 

Raleigh Telephone Co. 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co.- 
Interstate Telephone and Telegraph Co. 



Aberdeen and Rockfish Railroad 



Atlantic and Yadkin Railroad - 
Western Union Telegraph Co.- 



1.00 

.75 



2, 000. 16 
24,721.25 



19,982.69 



25, 173. 55 
1,664.47 



19,982.69 



25,173.55 



29,319.44 



25,173.55 

29,319.44 

19,982.69 



3,704.41 
9,932.95 



$ 29,319.44 
94.00 

900.07 

24,721.25 

79.20 

332.75 

6,594.29 
150. 00 

7,552.07 

366. 18 

53.37 

9,991.34 
199.10 

12,335.04 

37.85 

11,727.78 
89.10 

11,328.10 

29,319.44 
19,702.93 

10,000.00 

959.86 

470.00 

7,500.00 

95.00 

22,770.00 

6,000.00 

3,704.41 

7, 449. 72 
54.00 



116 



N. C. CORPORATION COMMISSION". 



STATEMENT X-Continued. 



Town. 



Randleman 



Red Springs - 



Reidsville 



Rennert 

Robersonville 

Rockingham- 

Rocky Point - 
Rocky Mount 



Roseboro 



Rose Hill 



Rowland 



Name of Road or Other Company. 



High Point, Randleman, Ashboro and South- 
ern Railroad 



Western Union Telegraph Co. 
Randleman Telephone Co 



Atlantic Coast Line Railroad 

Red Springs and Bowmore Railroad Co. 
Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co.- 



Southern Railway 

Western Union Telegraph Co. 

Atlantic Postal Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Atlantic Coast Line Railroad- 



Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 



Seaboard Air Line Railway 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



Atlantic Coast Line Railroad - 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 
Home Telephone and Telegraph Co 



Atlantic Coast Line Railroad 

Roseboro and Fayetteville Telephone Co. 
Western Union Telegraph Co 



Atlantic Coast Line Railroad-- 
Western Union Telegraph Co.- 

Atlantic Coast Line Railroad -- 

Lumberton Telephone Co 

Western Union Telegraph Co. - 



Dis- 
tance. 



1.00 
.50 



1.72 



2.00 



1.10 



50 



50 



1.36 



50 



1.00 



1.00 



Valuation 
Per Mile. 



, 992. 53 



25,173.55 
1,236.84 



24,721.25 



25, 173. 55 



25,173.55 



19,982.69 



25,173.55 



25,173.55 



25,173.55 



25,173.55 



25,173.55 



Total 

\.ssessei 
Value. 



$ 7,694.24 

331.75 

2,106.00 

25,173.55 

612. 42 

93.30 

395.00 

1,334.70 

42, 520. 55 

567.23 

105.00 

570.00 

5,569.30 

50,347.12 

27,690.00 
43.05 

9,991.34 

1,414.60 

224.53 

12,586.77 

34,236.04 

549.95 

460.00 

166.10 

5,250.00 

12,586.78 

200.00 

32.75 

25,173.55 

187.40 

25,173.55 

400.00 

93.58 



ASSESSMENT OF RAILROAD PROPERTY. 



117 



STATEMENT X-Continued. 



Town. 



Roxboro 



Ruffin 

Rutherfordton 
Salem 

Salemburg 

Salisbury 



Saluda- 



Sanford 



Scotland Neck 



Seaboard 



Selma 



Name of Road or Other Company. 



Norfolk and Western Railroad 
Western Union Telegraph Co.- 



Southern Railway 



Rutherfordton Telephone Co. 

Southern Railway 

Western Union Telegraph Co. 



Roseboro and Fayetteville Telephone Co. 
Sampson County Telephone Co. 



Southern Railway 

North Carolina Railroad 

Yadkin Railroad 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Asheville and Spartanburg 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 

Atlantic and Yadkin 

Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Western Union Telegraph Co 

Atlantic and Western Railroad 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Carolina Telephone and Telegraph Co. 



Seaboard Air Line Railway--- 
Western Union Telegraph Co. 



North Carolina Railroad 

Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Dis- 
tance. 



1.00 



Valuation 
Per Mile. 



$14,242.74 



1.27 

1.40 

.52 



1.00 



.56 

.60 

1.25 



1.00 



1.00 

.95 



24,721.25 



24,721.25 



24,721.25 

29,319.44 

4,989.02 



,829.79 



9,932.95 
25,173.55 
19,982.69 



19,982.69 



29,319.44 
25, 173. 55 



Total 

Assessed 

Value. 



$ 13,957.88 
81.85 

24,721.25 

1,500.00 

9,146.86 
45.60 

22.00 
175.00 

31,395-98 

41,047.42 

2,594.29 

1,084.30 

205.00 

540.00 

12,973.40 

8,829.79 
102.65 
155.00 

5,562.45 

15,104.15 

24, 980. 86 

506.10 

1,442.50 

25,173.55 

67.05 

1,500-00 

19, 982. 69 
104.10 

29,319.44 

23,914.88 

317.28 

355.00 

2,231.90 



118 



N. C. CORPORATION COMMISSION. 



STATEMENT X-Continued. 



Town. 



Sharon 

Sharpsburg 

Shelby 

Siler City— . 

Skyland 

Smithfield - 



Name of Road or Other Company. 



Dis- 
tance. 



Sharon Telephone Co. 



Southern Pines- 

Southport 

Speed 

Spencer 

Spray 

Spring Hope — 

Star 

Stanley Creek -- 

Staley 

Statesville 



Atlantic Coast Line Railroad 

American Telephone and Telegraph Co. 

South Carolina and Georgia 

Seaboard Air Line Railway 

Piedmont Telephone Co 

Western Union Telegraph Co 



1.00 



1.40 
1.10 



Atlantic and Yadkin 

Western Union Telegraph Co. 



American Telephone and Telegraph Co. 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co. - 



Seaboard AiriLine Railway -- 
Western Union Telegraph Co. 



Wilmington and Southport Telephone and Tele-, 
graph Co 



Atlantic Coast Line Railroad Co 

Southern Bell Telephone and Telegraph Co. 
International Telephone Co 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 



Aberdeen and Ashboro Railroad 
Durham and Charlotte Railroad - 

Seaboard Air Line Railway 

Western Union Telegraph Co 



Atlantic and Yadkin 



Southern Railway 

Western Union Telegraph Co 

Southern Bell Telephone and Telegraph Co. 
Statesville Telephone Co 



1.00 
1.00 

.50 



.87 
1.67 



Valuation 
Per Mile. 



25,173.55 



5,417.53 
19,982.69 



),932.95 



25,173.55 



19,! 



25,173.55 



25,173.55 



3,124.83 
2,945.26 

19,982.69 



9,932.95 
24,721.25 



$ 184.00 



ASSESSMENT OF RAILROAD PROPERTY. 



119 



STATEMENT X— Continued. 



Town. 



Stoneville 



Stokes - 
Sylva- 



Tabor— 
Tarboro 



Teacheys 

Thomasville . 



Taylorsville- 



Trinity 



Troutman 
Troy 



Tryon College- 

Tryon 

Union City — 

Union 

Vaughan 



Name of Road or Other Company. 



Norfolk and Western Railway Co. 
Western Union Telegraph Co 



Atlantic Coast Line Railroad- 



Southern Railway 

Western Union Telegraph Co. - 

Atlantic Coast Line Railroad-- 



Atlantic Coast Line Railroad 

East Carolina Railway 

Western Union Telegraph Co 

Carolina Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 



Dis- 
tance. 



1.03 



1.50 



Valuation 
Per Mile. 



$14,242.74 



1.02 

1.67 
.10 



North Carolina Railroad 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co. 

Southern Bell Telephone and Telegraph Co.- 
Thomasville Telephone Co 



.91 

2,25 



Southern Railway 

Western Union Telegraph Co.- 



High Point, Randleman, Ashboro and Southern 

Western Union Telegraph Co 

North State Telephone Co 



42 



.76 



Southern Railway 



Aberdeen and Ashboro Railroad 

Troy Telephone and Electric Light Co.- 
American Telephone and Telegraph Co. 



Western Union Telegraph Co. - 

Polk County Telephone Co 

Atlantic Coast Line Railroad — 
North State Telephone Co 



Seaboard Air Line Railway — 
Western Union Telegraph Co. 



1.00 
.25 



.568 



25,173.55 
24,721.25 



25,173.55 

25,173.55 
2,000.16 



25,173.55 
29,319.44 



24,721.25 



9,992.53 



24,721.25 
3,124.83 



25,173.55 



19,982.69 



Total 

Assessed 

Value. 



$ 14,670.02 
67.55 

16,111.08 

37,081.88 
47.25 

25,677.02 

42,039.84 

200. 02 

360. 95 

4,271.00 

22,907.93 

65,968.74 

518. 58 

82.50 

146.30 

1,730.00 

10,382.92 

76.65 

7,594.32 
55.05 
25.00 

24,721.25 

781.20 

1,200.00 

100.00 

95.05 

600.00 

26,432.24 

50.00 

11,350.16 
163.36 



120 



N. C. CORPORATION" COMMISSION". 



STATEMENT X-Continued. 



Town. 



Waco 

Wadesboro - 
Wake Forest 



Wallace 



Warrenton 



Washington 



Waxhaw 



Waynesville . 



Weldon - 



Name of Road or Other Company. 



Seaboard Air Line Railway - 



Wadesboro Telephone Co. 



Seaboard Air Line Railway 

Western Union Telegraph Co. 

Atlantic Postal Telegraph Co 

Home Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



Atlantic Coast Line Railroad - 
Western Union Telegraph Co. 



Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Home Telephone and Telegraph Co. 

Atlantic Coast Line Railroad 

Western Union Telegraph Co 

Duplin Telephone Co. 



Atlantic Coast Line Railroad 

Washington and Plymouth Railroad — 

Western Union Telegraph Co 

Carolina Telephone and Telegraph Co. 

Williamston Telephone Co 

Washington County Telephone Co 



Seaboard Air Line Railway- — 
Western Union Telegraph Co. 



Southern Railway 

Western Union Telegraph Co 

Asheville Telephone and Telegraph Co. 
Waynesville Telephone Co. 



Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Western Union Telegraph Co.- 

American Telephone and Telegraph Co. 
Home Telephone and Telegraph Co 



Dis- 
tance. 



1.00 



1.00 



1.00 



1.46 



.31 



Valuation 
Per Mile. 



$19,982.69 



19,982.69 



25,173.55 



25,173.55 
1,664.47 



1.34 



1.20 

.72 



Total 
Vssesse' 
Value. 



24,721.25 



25,173.55 
19,982.69 



$ 19, 



.69 



2,000-00 

19,982.69 
194.90 
138.00 
100.00 
210. 10 

25,173.55 
114.60 

67.95 

222.00 

1,500.00 

36,753.40 

245.35 

60.00 

24,418.35 

798.95 

94.05 

5,000.00 

110.00 

600.00 



.69 6,194.64 
59.25 



33,126.48 

62.85 

111.00 

2,000.00 

30,208.27 

14,387.54 

542. 10 

240.00 

1,200.00 



ASSESSMENT OF RAILROAD PROPERTY. 



121 



STATEMENT X— Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Wendell 

West Hickory 
Went worth— 
Whitakers 

Whiteville— - 

Williamston - 

Wilmington -. 

Windsor 

Winfall 

Wingate 

Wilson - : 

Winston 



Raleigh and Pamlico Sound Railroad - 



Southern Railway 



International Telephone Co. 



Atlantic Coast Line Railroad 

Western Union Telegraph Co. 

American Telephone and Telegraph Co.- 



Atlantic Coast Line Railroad 

Southern Bell Telephone and Telegraph Co. 
Western Union Telegraph Co 



Atlantic Coast Line Railroad- 
Western Union Telegraph Co. 
Williamston Telephone Co 



Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Bell Telephone and Telegraph Co. 

Wellington and Powellsville Railroad 

Chowan and Roanoke Telephone Co. 



Norfolk and Southern Railroad- 
Western Union Telegraph Co.-- 



Seaboard Air Line Railway - 



Atlantic Coast Line Railroad 

Western Union Telegraph Co 

American Telephone and Telegraph Co. 
Carolina Telephone and Telegraph Co. - 



Southern Railway 

North Carolina Midland 

Norfolk and Western Railway Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Bell Telephone and Telegraph Co. 



1.00 



1.06 



1.18 



4.44 
1.00 



1.50 



50 



1.00 



1.29 

.94 

1.17 



$ 3,879.83 
24,721.25 



25,173. 



25,173.55 



25,173.55 



25,173.55 
19,982.69 



2,454.54 



17, 740. 16 



19,982.69 



25,173.55 



24,721.25 

9, 946. 22 

14,242.74 



$ 1,939.92 

11,866.20 

113.00 

25, 173. 55 
282.95 
290.00 

26,683.97 
166. 10 
139.00 

29,704.80 

27.75 

250.00 

111,770.60 
19, 982. 69 
1,981.11 

217. 50 
46,787.40 

3,691.81 
2,000.00 

8,870.08 
37.05 

19,982.69 

20,390.58 

527.36 

470.00 

4,750.00 

31,890.42 

9,349.45 

16,664.00 

374.65 

65.50 

17,813.40 



122 



H". C. CORPORATION COMMISSION". 
STATEMENT X-Continued. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 






.34 


$25,173.55 


$ 8,559.01 
600. 00 










.79 


4,989.02 


3,941.32 






830. 50 






.50 


19,982.69 


9,991.34 









ATLANTIC COAST LINE RAILROAD COMPANY. 



123 



COMPILATION FROM RAILROAD RETURNS FOR THE YEAR ENDING JUNE 30, 1906. 



ATLANTIC COAST LINE RAILROAD COMPANY. 



OFFICERS. 



Title. 



Name. 



Chairman of the Board 

President 

First Vice-President 

Second Vice-President 

Third Vice-President 

Secretary 

Treasurer 

General Counsel 

Comptroller 

Auditor Passenger Receipts 

Auditor Freight Receipts 

Auditor Disbursements 

General Manager 

Chief Engineer 

General Superintendent, First Division 

Assistant General Superintendent, First Div 

General Superintendent, Second Division 

General Superintendent, Third Division 

General Superintendent Motive Power 

Superintendent of Telegraph 

Freight Traffic Manager 

Passenger Traffic Manager 

General Freight Agents 

Assistant General Freight Agent 

General Passenger Agent 



H. Walters 

T. M. Emerson 

Alexander Hamilton 

C. S. Gadsden 

J. R. Kenly 

H. L. Borden 

James F. Post 

W. G. Elliott 

H. C. Prince 

Geo. S. LeGrand 

Ed. L. Prince 

H. H. McKee 

W. N. Royall 

E. B. Pleasants 

A. W. Anderson 

J. F. Divine 

Morton Riddle 

H. A. Ford — 

R. E. Smith 

W. P. Cline 

R. A. Brand 

W. J. Craig 

J. W. Perrin, James Menzies 

C. McD. Davis 

T. C. White 



Location of Office. 



New York. 
Wilmington, N. C. 
Petersburg, Va. 
Charleston, S. C. 
Wilmington, N. C. 
New York. 
Wilmington, N. C. 
Baltimore. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Savannah, Ga. 
Jacksonville, Fla. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Savannah, Ga. 
Wilmington, N. C. 
Wilmington, N. C. 



DIRECTORS. 

Henry Walters, Baltimore, Md. ; Michael Jenkins, Baltimore, Md. ; Waldo Newcomer, Baltimore, 
Md.; Warren G. Elliott, Baltimore, Md.; J, H. Estill, Savannah, Ga.; Donald McRae, Wilmington, 
N. C. ; Morton F. Plant, Groton, Conn. ; Frederick W. Scott, Richmond, Va. ; Alexander Hamilton, 
Petersburg, Va.; Edwin B. Borden, Goldsboro, N. C; Henry B. Short, Lake Waccamaw, N. C; 
James J. Lucas, Society Hill, S. C. Terms expire third Tuesday in November, when successors are 
elected. 



124 



K". C. CORPORATION COMMISSION. 



PROPERTY OPERATED-State of North Carolina. 



Name. 



Terminals. 



From — 



Miles of 

Line for 

Each Road 

Named. 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



Main Line 



Branch Lines - 



Spurs 

Leased Lines — 

Con. Railways Light and 
Power Co. 



Trackage Rights- 
Seaboard Air Line Ry. - 
Wilmington Ry. Bridge- 
Total 



Virginia State Line 

Weldon 

Contentnea 

Wilmington 



Wilmington Railway 
Bridge (Navassa) -- 



Norfolk Junction 

Yadkin Junction 

Wadesboro 

Parkton 

Maxton Junction 

Pender 

Tarboro Junction 

Parmele Junction — 

Rocky Mount 

Goldsboro Junction-- 

Warsaw 

Wilmington 

Elrod 

Gibson 



Various points 



Wilmington 



Garysburg Junction- 
Hilton 



Garysburg Junction- 

S. C. State Line 

Wilmington 



Wilmington Railway 
Bridge (Hilton) 



S. C. State Line 

Virginia State Line 

Sanford 

S. C. State Line 

S. C. State Line 

Maxton 

Kinston 

Plymouth 

Washington 

Spring Hope 

Smithfield 

Clinton 

New Bern 

S. C. State Line 

S. C. State Line 



Factories, Mills, etc. 



Dummy Line- 



Weldon . 
Navassa 



172.60 
105.00 

1.83 

63.22 
80.49 
116.40 
13.90 
34.57 
.45 



85.82 
53.89 
25.39 
19.20 
21.50 
13.43 
86.21 
46.38 
.37 



2.39 
2.46 



595.34 



352. 19 
51.08 



1.25 



4.85 



ATLANTIC COAST Ll3T£ RAILROAD,, COMPANY 

ii;..^'t/y v ' 



PROPERTY OPERATED-Entire Lih©C ; 7 



125 



-■ -7 -■■ ■ *-.'i,^~ 



Name. 



Main Line 



Branches 



Terminals. 



From— 



Richmond 

Norfolk 

Contentnea 

Yadkin Junction 
(Wilmington) 

Wilmington 

Wilmington Railway- 
Bridge (Navassa) — 

Parkton 

Florence 

Sumter 

Florence 

Sumter 

Jesup 

Waycross 

Brunswick 

Dupont Junction 

Morriston 

Palatka 

Paola Junction 

Clop ton 

Acree 

Bruce 

Spur 

Drivers 

Armistead 

Pender 

Tarboro Junction 

Parmele Junction 

Rocky Mount 

Goldsboro Junction--. 

Warsaw 

Wilmington 

Elrod 

Floyd 

Bennettsville 

Latta 

Elliott 



To- 



Miles of 

Line for 

Each Road 

Named. 



Port Tampa 

Rocky Mount 

Wilmington 

Sanford 

Wilmington Railway 
Bridge (Hilton) 

Pee Dee 

S. C. State Line 

Wadesboro 

Bennettsville 

Columbia 

Robbins 

Montgomery 

Folkston 

Albany Junction 

Archer 

Punta Gordo 

Gainesville & Brooks- 
ville 

St. Petersburg 

James River 

Dunlop 

Pig Point 

Pig Point 

Beach Grove 

S. & R. Connection — 

Kinston 

Plymouth 

Washington 

Spring Hope 

Smithfield 

Clinton 

New Bern and Branch 

Conway 

Hartsville 

Gibson 

Clio 

Lucknow 



897.34 
114.87 
105.00 

116.40 

1.83 

92.89 

35.02 

64.52 

62.95 

81.70 

98.50 

353.21 

34.00 

168.78 

117.74 

211.70 

145. 00 
145.13 



4.55 

6.51 

5.48 

1.05 

1.55 

1.13 

85.82 

53.89 

25.39 

19.20 

21.50 

13.43 

86.21 

71.38 

10.00 

10.82 

19.78 

16.48 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



2,846.58 



126 



TST. C. CORPORATION" COMMISSION. 



PROPERTY OPERATED-Entire Line-Continued. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


Name. 


From — 


To- 


Each Class 
of Roads 
Named. 








40.81 










6 16 






Ashley River Railroad 




4.50 










8 70 








Yonge's Island and 


21.02 














Ehrhart 


37.67 










82 47 






Climax 


Chattahoochee 


30.83 




• 


Otiska 




10.30 










26.90 








Elba — 


37.22 






Sprague Junction 

Lake City Junction — 
High Springs 




32.92 








18.90 








23.60 








20.36 










21.88 










16.20 










9.37 






Micanopy Junction — 




8.36 






Citra 


6.40 






Leesburg Junction — 




1 33 






Yalaha - - 


6 56 










4.00 










28.62 










17.60 








Leesburg and Fort 
Mason to Lane Park 


47.42 
















34.00 










14.40 










13.33 






Milldale 


Tyler - 


93.40 








1,179.40 






Spurs 


Various points 


Factories, Mills, etc.— 




167.34 



ATLANTIC COAST LINE RAILROAD COMPANY. 



127 



PROPERTY OPERATED-Entire Line-Continued. 



Name. 



Terminals. 



From— 



To- 



Miles of 

Line for 

Each Road 

Named. 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



Leased Lines- 



South Carolina Pacific 
Railway 



Central Railroad of South 
Carolina 



Consolidated Railways 
Light and Power Co. 

Winston and Bone Valley 
Railroad 



Trackage Rights— 

Seaboard Air Line Rail- 
way 



Wilmington Railway 
Bridge 



Charleston and Western 
Carolina Railway 



Savannah Union Station 
Company 



Belt Line Railway 

Jacksonville Terminal 
Company 



Total mileage oper- 
ated 



Bennettsville - 

Lanes 

Wilmington — 
Winston 



Garysburg Junction- 
Archer 

Hilton 

Robbins 



Telfair Junction -- 
Georgia Junction - 

Montgomery 



Jacksonville Termi- 
nal Line 



North Carolina State 
Line 



Sumter 

Dummy Line-- 
Tiger Bay, Fla. ■ 



Weldon 

Morriston, Fla. 

Navassa 

Augusta 



Union Station 
Division Line- 



Belt Line- 



Union Station 



10.50 

40.20 

1.25 

27.79 



2.39 
19.62 

2.46 
28.80 

3.71 

1.00 



79.74 



.57 



4,333.63 



128 



K". C. CORPORATION COMMISSION. 



T3 S3 



ill 

3|| 






o «2 

a- o s 



T2 r-< *h 



5 6 



5 
£ 
£ 
o 



ATLANTIC COAST LINE RAILROAD COMPANY. 



129 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



131 



RECAPITULATION OF FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


Interest. 


Class of Debt. 


Amount 

Accrued 

During 

Year. 


Amount 
Paid 

During 
Year. 


Mortgage bonds 

Miscellaneous obligations 


$82,735,350.00 
62,466,600.00 


$77,708,850.00 
56,852,700.00 


$ 3,372,468.33 
2,271,842.00 


$ 3,339,535.00 
2,271,842.00 


Total - - 


145,201,950.00 


134,561,550.00 


5,644,310.33 


5,611,377.00 





CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets (excluding materials and supplies)* 

Cash deposited to pay coupons 

Total— cash and current assets 

Total 

CURRENT LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Dividends not called for 

Matured interest coupons unpaid (including coupons due July 1) 

Miscellaneous 

Total— current liabilities 

Balance— cash assets 

Total 



$ 5,118,029.55 
508,486.97 
538, 980. 10 
1,496,651.53 
27,238.80 
297,168.01 
431,513.84 



8,418,068.80 
,418,068. 



1,664,524.69 

1,325,239.50 

434,808.84 
3,091,864-01 



6,516,437.04 
1,901,631.76 



8,418,068.80 



* Materials and supplies on hand, $1,478,316.85. 



132 



ST. C. CORPORATION" COMMISSION". 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total Amount 
Outstanding. 


Apportionment. 


Amount Per Mile 
of Line. 


Account. 


To Railroads. 


To Other 
Properties. 


Miles. 


Amount. 




$45, 576, 600. 00 
77,708,850.00 


$45,576,600.00 
77,708,850.00 


$ 


4,204.48 
4,204.48 


$ 10,840.00 
18, 482. 00 




Bonds, L. & N. R. R. Collat- 


35,000,000.00 














Total 


123,285,450.00 


123,285,450.00 


35,000,000.00 


4,204.48 


29, 322. 00 







FOR MILEAGE OPERATED. 



Name of Road. 



Atlantic Coast Line Railroad 
Co 



Central Railroad Co. of 
South Carolina 



South Carolina Pacific Rail- 
way Co. 



Winston and Bone Valley 
Railroad Co 



Capital 
Stock. 



$45,576,600.00 

170,000.00 

100,000.00 

30,000.00 



Dummy Line, Wilmington 
Grand total 



45,876,600.00 



Funded 
Debt. 



$77,708,850.00 
300,000.00 
104,600.00 



78,113,450.00 



Total. 



$123, 285, 450. 00 

470,000.00 

204,600.00 

30,000.00 



123,990,050.00 



Amount Per Mile 
of Line. 



Miles. 



193.32 
40.20 

10.50 

27.79 
1.25 



4,273.06 



Amount. 



$ 29,400.00 

11,692.00 

19,486.00 

1,080.00 



29,025.00 



ATLANTIC COAST LINE RAILROAD COMPANY. 



133 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 



Construction— 

Engineering' 

Right-of-way and station grounds 

Real estate 

Grading 

Bridges, trestles and culverts — 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track-laying and surfacing 

Fencing right-of-way 



Crossings, cattle-guards and 
signs 



Interlocking or signal apparatus 

Station buildings and fixtures- — 

Shops, roundhouses and turn- 
tables 



Shop machinery and tools 
Water stations 

Fuel stations 

Grain elevators 

Docks and wharves 

Electric light plants 

Miscellaneous structures - 
Legal expenses 

Interest and discount 

General expenses 

Total construction 



Expenditures During Year. 



Included in 
Operating 
Expenses. 



3,352.67 
30,511.23 

1,441.50 
35, 789. 56 
54,830.02 
32,030.85 
39,384.76 
10,622.48 
15,361.74 



12,910.40 
1,553.69 

622. 69 

1,174.84 
42,551.97 

3,005.39 
12,997.85 

4,038.26 
12,720.60 



2,550.00 

181.22 

9, 585. 02 



327,216.74 



Not Included 
in Operating 
Expenses, 
Charged to 
Construction 
or Equip- 
ment. 



18,148.49 
58,402.85 
18,825.57 
309,724.63 
160,673.37 
63,155.44 
239,542.97 
31,489.25 

8. 939. 95 
4,889.47 

36,524.39 

4. 173. 96 

1,562.48 



25,380.37 

25,862.54 
54,770.86 
3,568.06 



41,670.12 
3,029.49 



11,310. 



1,121,644.34 



Total Cost to 
June 30, 1905. 



$ 1,889, 

7,886, 

2,649, 

35,420, 

14, 442, 

4,560, 

18, 770, 

2,639, 

747, 

4,695, 

1,738, 

- 642, 



456.01 
577. 75 
426.29 
229.83 
480.90 
384.41 
356. 04 
396. 79 
407.34 
677.75 
923.30 



119,381.05 

15,000.00 

3,893,921.20 

3,689,203.42 

644,542.31 

551,673.18 

234, 168. 59 

66,000.00 

1,327,802.07 
15, 000. 00 

7,728,572.81 
466,027.52 
421,248.93 

1,728,551.87 



116,984,245.! 



Total Cost to 
June 30, 1906. 



$ 1,907,604.50 

7,944,980.60 

2,668,251.86 

35,729,954.46 

14,603,154.27 

4. 623, 539. 85 

19,009,899.01 

2,670,886.04 

756,347.29 

4,700,567.22 

1,775,447.69 

647,010.40 

120,943.53 

15,000.00 

3,919,301.57 

3,715,065.96 

699,313.17 

555,241.24 

234,168.59 

66,000.00 

1,327,802.07 

15,000.00 

7,770,242.93 

469,057.01 

421,248.93 

1,739,861.95 

118,105,890.14 



134 



1ST. C. CORPORATION COMMISSION. 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS-Continued. 





Expenditures During Year. 


Total Cost to 
June 30, 1905. 




Item. 


Included in 
Operating 
Expenses. 


Not Included 
in Operating 
Expenses, 
Charged to 
Construction 
or Equip- 
ment. 


Total Cost to 
June 30, 1906. 


Equipment— 


$ 


$ 476,786.00 
76,317.50 


$ 4,308,552.02 
986, 949. 12 
268,530.29 
281,256.85 
5,746,361.75 
320,973.89 
52,987.00 


$ 4,785,338.02 

1,063,266.62 

268,530.29 

281,256.85 

7,404,132.20 

321,689.05 






Baggage, express and postal cars 












1,657,770.45 
715. 16 




9, 015. 64 




52 987 00 












9,015.64 
327,216.74 


2,211,589.11 
1,121,644.34 


11,965,610.92 
116,984,245.80 


14,177,200.03 
118,105,890 14 








Grand total construction, equip- 


336,232.38 


3,333,233.45 


128,949,856.72 


132,283,090.17 






Cost of construction per mile of 






27, 899. 03 
2,853.62 


28,090.48 
3,371.93 


Cost of equipment per mile of 




















30,752.65 


31,462.41 









ATLANTIC COAST TINE RAILROAD COMPANY. 



135 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dividends on stocks owned 

Interest on bonds owned 

Miscellaneous income 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Interest on interest-bearing current liabilities, etc. 

Rents paid for lease of road 

Taxes 

Other deductions 

Total deductions from income 

Net income 

Dividends 6 per cent., common stock 

Dividends 5 per cent., preferred stock 



Total 



$24,868,448.05 
16,082,329.86 



Surplus from operations of year ending June 30, 1906 

Surplus on June 30, 1905 (from "General Balance Sheet," 1905 
Report) 



Additions for year 

Surplus on June 30, 1906 (for entry on "General Balance Sheet ") 



1,929,363.30 
192,358.47 
444,212.39 



3,372,468.33 
2,271,842.00 

39, 536. 10 
809,869.60 

41,394.19 



2, 638, 800. 00 
79,830.00 



118. 19 



2,565,934.16 
11,352,052.35 



6,535,110.22 
4, 816, 942. 13 




136 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION— State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of' 

Repayments, 

etc. 


Actual Earn- 
ings. 


Passenger— 


$ 1,237,438.18 


$ 5,898.33 








Less repayments- 


2,545.11 
3,353.22 




Other repayments 




















$ 1,231,539.85 

150,889.02 

161,370.79 

13 906.72 


Mail - - 
























1,557,706.38 




4,953,279.20 


80,744.90 


Freight— 








Less repayments— 


80,744.90 




























4,872,534.30 
4 872 534.30 


















6,430,240.68 








Other Earnings from Operation— 


112,343.02 
59 839 30 


















172,182 32 










Total gross earnings from operation— North 


6,602,423.00 








Total gross earnings from operation— entire 


24,868,448.05 









ATLANTIC COAST LINE RAILROAD COMPANY. 



13' 



STOCKS OWNED. 
RAILWAY STOCKS. 



Name. 


Total 
Par Value. 


Rate. 
PerCent. 


Income 

or Dividend 

Received. 


Valuation. 


Louisville and Nashville R. R. Co 

Columbia, Newberry and Laurens R. R. 
Co 


$30,600,000.00 

38,500.00 

11,832.00 

50,000.00 

3,100.00 

25,000.00 

445,000.00 

32,500.00 

200,000.00 

184,000.00 

15,000.00 

6,300.00 
3,300.00 
30,000.00 


6 


$ 1,836,000.00 


$ 45,554,220.58 

15,850.00 

11,832.00 

41,246.47 

465 00 




















Augusta and Summerville Ry. Co. 






9, 527. 50 
445,000.00 

32,275.66 
200,000.00 
100, 000. 00 

23, 219. 08 

7, 708. 09 

3,323.47 

125,000.00 


4 
25 


17, 800. 00 
8,125.00 




Atlanta Belt Line Co 


Belt Line Ry. Co., Montgomery, Ala.— 










Norfolk and Portsmouth Belt Line 
R R Co 












Winston and Bone Valley R. R. Co. — 


6 


1,800.00 


Total 


31,644,532.00 




1,863,725.00 


46,569,667.85 







138 



N. C. CORPORATION" COMMISSION. 



STOCKS OWNED-Continued. 

OTHER STOCKS. 



Name. 


Total 
Par Value. 


Rate. 
Per Cent. 


Income 

or Dividend 

Received. 


Valuation. 


Atlantic Land and Improvement Co.— 

Peninsular and Occidental Steamship 
Co 


$ 790,000.00 

750,000.00 

100,000.00 

12,500.00 

5,000.00 

3,000.00 

1,600.00 
12,845.00 

8,754.00 
100,000.00 
20,000.00 
50,000.00 
40,000.00 
100,000.00 

1,875.00 
50,000.00 

7,282.45 


8 


$ 63,200.00 


$ 790,000.00 

300,000.00 

100,000.00 

12,500.00 

5,000.00 

3,485.51 
1,600.00 

12,845.00 
8,754.00 

62,549 79 








Atlantic Compress Co., Atlanta, Ga. — 










Capital City Terminal Co., Montgom- 






Capital City Mills, Columbia, S. C. 

Olympia Cotton Mills-- 


m 


72.00 












Wilmington Railway Bridge Co. 






60,000.00 
1.00 






A. C. L. Terminal Co., Augusta, Ga. — 






36,076.40 
8,071.56 
1,875.00 

50,000.00 








4 
4 

4 


75.00 
2,000.00 

291.30 




Columbia Union Station Co., certifi- 


7,282.45 






Total - 


2,052,856.45 




65,638.30 


1,460,040.71 










33, 697, 388. 45 




1,929,363.30 


48,029,708.56 









ATLANTIC COAST LINE RAILROAD COMPANY. 



130 



BONDS OWNED. 

RAILWAY BONDS. 



Name. 



A. C. L., 1st Consol. mortgage 

A. C. L. R. R., J. & S. W. R. R. pur- 
chase-money 

A. C. L. R. R. of South Carolina, de- 
posited with Farmers Loan and 
Trust Company to secure lease of 
Georgia Railroad 

Live Oak, Perry & Gulf R. R., 1st 
mortgage 

Total 



Total Par 
Value. 



3,298,850.00 
738,000.00 



500,000.00 
305,000.00 



4,841,850.00 



Rate 
Per Cent. 



Income 
or Interest 
Received. 



$ 135,195.55 
18,103.33 



20,000.00 
8,339.59 



181,638.47 



Valuation. 



$ 3,298,850.00 
738,000.00 

500,000.00 

305,000.00 
4,851,850.00 



OTHER BONDS. 



Name. 


Total Par 
Value. 


Rate 
Per Cent. 


Income 
or Interest 
Received. 


* Valuation. 


South Carolina State Bonds 


$ 16,000.00 
250,000.00 


AY2 
4 


$ 720.00 
10,000.00 


$ 16,000.00 
225 000 00 


Total 




266, 000. 00 




10,720.00 


241,000.00 


5,107,850.00 




192,358.47 


5,082,850.00 





140 



JST. C. CORPORATION COMMISSION. 



RENTALS RECEIVED. 

RENTS RECEIVED FROM LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of 
Property Leased. 


Name of Company 

Using Property 

Leased. 


Item. 


Total. 


Tracks 


Selma to Pinner's Point 

Hardeville to Savannah 

Savannah to Jacksonville — 
Norfolk to Suffolk - 


Southern Railway 

Southern Railway 

Southern Railway 

Southern Railway 

Southern Railway 

Georgia, Southern 
and Florida Railway 

Georgia Northern 


$144,232.91 

18,531.25 

129,914.19 

199.36 

1,200.54 

205.20 

464.51 
20.01 
















Palatka 






Darrow Junction to 








Central of Georgia 












Total - — - 




$294, 767. 97 




Palatka — - 


F. E. C. Railway 

G. S. & F. Railway — 

L. & N. Railroad 

S. A. L. Railway 

M. &0. Railroad 

C. N. & L. Railroad— 

A. B. & A. Railway — 

F. E. C. Railway 

F. R. & N. E. Railroad 

C. C. & W. Railroad - 

R. F. &P. Railroad — 

Northwestern Rail- 
road of South Caro- 
lina 


1,255.45 

485.00 
658.56 
658.56 

3,497.28 

5,657.28 
600. 00 

5,000.04 
393.83 
356.70 

4,494.85 

1,581.37 






















Montgomery 






Waycross 






Pelham 

Conway 

Richmond 




• 






Total — 




24 638 92 












Grand total rents 


319,406.89 











MISCELLANEOUS INCOME. 



Item. 


Net 

Miscellaneous 

Income. 




$ 307, 914. 55 
92,466.33 
43 831 51 












Total - - 


444,212.39 







ATLANTIC COAST LINE RAILROAD COMPANY. 



141 



OPERATING EXPENSES. 



Item. 



Maintenance of Way and Structures— 

Repairs of roadway 

Renewals of rails 

Renewals of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals of fences, road crossings, signs and cattle-guards - 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing 

Other expenses 

Improvements 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of marine equipment 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Improvements 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhousemen 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow and waste for locomotives 

Other supplies for locomotives 

Train service 

•Train supplies and expenses 

Switchmen, flagmen and watchmen 

Telegraph expenses 

Station service 

Station supplies 

Car per diem and mileage— balance 

Hire of equipment— balance 

Total carried forward 



Amount. 



1,377,240.77 

342,000.00 

544,900.00 

442,956.74 

32,557.78 

339,347.14 

21,560.16 

5,148.05 

6,086.64 

571.31 

315,181.84 



3,427,550.43 



104, 677. 28 

1,061,436.39 

397,797.43 

1,327,660.91 

27, 177. 83 

5,765.80 

87,207.56 

7,522.24 

51,790.78 

21,050.54 



3,092,086.76 



308, 926. 88 

1,323,458.53 

2,113,033.05 

107,451.79 

61,007.62 

15, 537. 96 

823,602.72 

220,850.07 

408,800.48 

367,605.79 

1,055,628.13 

86,742.88 

410,221.37 

20,845.48 



7,323,712.75 



142 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES-Continued. 



Item. 

Conducting Transportation— Continued. 

Total brought forward 

Loss and damage 

Injuries to persons 

Clearing wrecks 

Operating marine equipment 

Advertising 

Outside agencies 

Stockyards and elevators 

Rents for tracks, yards and terminals 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Relief department 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



$ 7,323,712.75 

680,906.08 

170,349.44 

52,933.36 

29,041.14 

46,304.91 

244,735.30 

256.11 

170,901.27 

16,991.13 

130,204.10 

2, 530. 82 

35,824.13 



,904,690.54 



120,621.14 
197,270.49 
33,008.07 
108,090.41 
131, 562. 61 
29,173.46 
38,275.95 



658,002.13 



3,427,550.43 

3,092,086.76 

8,904,690.54 

658,002.13 



16,082,329.1 



64.67 

912,304.31 

824,217.75 

2,370,741.83 

175,483.22 



4,282,747.11 



64.87 



ATLANTIC COAST LINE RAILROAD COMPANY. 



143 



RENTALS PAID. 

RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Interest on 

Bonds 
Guaranteed. 


Cash. 


Total. 


Central R R of South Carolina — - - - - -- 


$ 

6. 276. 00 


$31,000.00 
2,260.10 


$ 31,000.00 
6 276 00 






2 260 10 










6,276.00 


33,260.10 


39,536.10 





RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of 
Property Leased. 


Name of Company 

Owning 
Property Leased. 


Item. 


Total. 




Wilmington 

Garysburg to Weldon — 

Archer Branch 

Robbins to Augusta 


Con. Ry. Lt. & Power Co.- 
S. A. L. Ry 

S A L Ry 


$ 3,000.00 

6,101.42 

11,725.43 

13,704.49 

130.00 

112.11 










C. &W. C. Ry 

L & N R R 






Norfolk to Suffolk 


S Ry Co 










Total 




$ 34,773.45 


Yards - - 




The Worth Co 


200. 00 










Total 




200 00 






R F & P R R - 


3,704.27 

718.24 

1,313.76 

3,236.38 

7, 278. 24 

14,194.93 

605.33 

4, 159. 97 

2,808.43 

1, 920. 53 

31, 879. 88 

64,097.86 
























C & W C Ry Co - - — 








L & N R R 
















Central of Ga Ry 






Grand Crossing- 
Jacksonville 


St. Johns River Ter. Co.— 




































Total -- - 




135 927.82 














170,901.27 











144 



H". C. CORPORATION" COMMISSION. 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30, 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$128, 949, 856. 72 

47,966,398.09 

3,354,625.00 

1,094,281 44 


Cost of road and equipment 


$132,283,090.17 
48, 029, 708. 56 
5,082,850.00 
3,842,740.74 
2,130,700.00 
8,418,068.80 

1,478,316.85 
250,760.02 


$ 3,333,233.45 

63,310.47 

1,728,225.00 

2,748,459.30 

2,130,700.00 

148,548.29 

358,563.70 


$ 






Other permanent investments 

Subscription to capital stock 








8,269,520.51 
1 119 753 15 




OTHER ASSETS. 




550,853.71 




300,093.69 






191,305,288.62 


201,516,235.14 


10,210,946.52 




LIABILITIES. 




45,706,700.00 


45,576,600.00 

4,557,600.00 
77,708,850.00 
35,000,000.00 
21,568,700.00 
287, 000. 00 

6,516,437.04 

1,003,684.17 
9,297,363.93 




130, 100. 00 


Capital stock subscribed for, but not 


4,557.600.00 
2,506,225.00 


75,202,625.00 

35,000,000.00 

21,406,800.00 

327,000.00 

5,507,313.07 

970,614.16 
7,184,236.39 






L. & N. R. R. collateral trust bonds 
Certificates of indebtedness 




161,900.00 


40,000.00 




1,009,123.97 

33,070.01 
2,113,127.54 


Accrued interest on funded debt 












191,305,288.62 




201,516,235.14 


10, 210, 946. 52 









ATLANTIC COAST LINE RAILROAD COMPANY. 



14' 



EMPLOYEES AND SALARIES-State of North Carolina. 



Class. 



Number. 



Total 
Number 
of Days 
Worked. 



Total 
Yearly Com- 
pensation. 



Average 

Daily 
Compen- 
sation. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Switch tenders, crossing tenders and watchmen- 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (including "General Officers ")— N. C.- 

Less "General Officers" 

Total (excluding "General Officers")— N. C- 

DlSTRIBUTION OF ABOVE— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers")— N. C. 

Less "General Officers" 

Total (excluding "General Officers")— N. C. 

Total (including "General Officers") —entire 
line 



277 
170 
438 
190 
243 
174 
599 
110 
297 
879 
113 
970 
29 
146 
548 



5,242 
21 



1,631 
1,286 
1,989 



5,242 
21 



5,221 



19, 855 



7,443 
12,659 
86,962 
57,420 

157,259 
56,358 
67,067 
43,676 

107,726 
24,107 
90, 901 

237,303 
34,189 

174,413 
10, 055 
34,110 

159, 345 



$ 101, 

88, 
168, 

86, 
171, 
231, 

88, 
122, 
139, 

70, 
154 , 
319, 

56. 
159, 

8 ; 

63, 
254. 



075. 54 
920. 19 
914.66 
852.92 
439.40 
204.22 
947.52 
969.71 
113.27 
857.73 
396.39 
060. 58 
336. 99 
526. 82 
674.49 

258. 54 

783. 55 



1,360,993 
7,443 



,332.52 
,075.54 



5,221 i 1,353,550 



107,064 
367, 947 
352, 311 
533. 671 



2,185,256.98 

358,910.39 
470,647.36 
544, 314. 70 
912, 460. 07 



1.360,993 
7,443 



1, 353, 550 



5,130,427 



2,286,332.52 
101,075.54 



2,185,256. 



i, 205, 434. ( 



13.58 
7.02 
1.94 
1.51 
1.09 
4.10 
1.33 
2.82 
1.29 
2.94 
1.70 
1.34 
1.65 
.91 
.86 
1.85 
1.60 



1.68 

13.58 

1.61 

3.35 
1.28 
1.54 
1.71 



1.68 
13.58 



1.61 



1.60 



Corp. 2 10 



146 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Column for 
Number 

Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of 



1,466,462 
46,379,238 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road-- 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Operating expenses 

Operating expenses per mile of road 

Income from operation 

Income from operation per mile of road 



161 
31.63 



3,368,441 
361,486,883 
359,792 
107.32 



Dollars. 



1,231,539 



1,557,706 
1,550 



4,872,534 
1 



4,872,534 
4,849 

6,602,423 
6,571 

4,282,747 
4,262 

2,319,675 
2,308 



Cts. 



Mills. 



653 
348 



ATLANTIC COAST TINE RAILROAD COMPANY. 



147 



TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Item. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue - 
Number of passengers carried one mile 



Dollars. Cts. 



5,438,457 
211,991,535 



Number of passengers carried one mile per mile of 
road 



Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



,991 
38.98 



5,436,172 



1,572 

1 



9,392,201 
1,344,548,341 
310, 722 
143.16 



17,374,525 
1 



17,374,525 

4,015 

2 

24,868,448 

5,747 

1 

16,082,329 

3,716 

1 

8, 786, 118 

2,030 



148 



2ST. C. CORPORATION COMMISSION". 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina. 

COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Cotton seed 

Melons and cantaloupes 

Products of Animals— 

Live-stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and Leather 

Products of Mines— 

Phosphate 

Anthracite coal 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles- 

Products of Forests— 

Cross-ties 

Lumber 

Wood 

Logs 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 



Freight 

Originating 

on this 

Road. 



Whole Tons. 
15, 912 

8,713 
12,911 

7,245 
20,622 
49,431 
34,594 
34,735 

7,238 

2,394 



Freight 

Received 

from 

Connecting 

Roads and 

Other 

Carriers. 



Whole Tons. 
57,262 
42, 010 
30, 714 
29,323 
12, 168 
77, 670 
123,351 
19,256 
19,075 



2,574 

1,111 

4 

282 



3,765 



5,214 

8,860 
522,380 
115,088 
377, 513 

12,231 
2,703 
18, 988 



23,574 

1,664 

15 

1,146 

31,595 



Total Freight Tonnage. 



Whole Tons. 
73, 174 
50,723 
43,625 
36, 568 
32,790 
127, 101 
157, 945 
53, 991 
26,313 



246, 401 



15,525 

2,996 

371,480 

8,058 

91,582 

6,045 
5,807 
6,395 
9,156 
7,321 



26, 148 

2,775 

19 

1,428 

31, 595 



250, 166 



20, 739 

11,856 

893,860 
123, 146 
469,095 

18,276 
8,510 

25,383 
9,156 
8,834 



Per Cent. 
2.17 
1.51 
1.30 
1.09 

.97 
3.77 
4.69 
1.60 

.78 



ATLANTIC COAST LINE RAILROAD COMPANY. 



149 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina-Continued. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 


Total Freight Tonnage. 


Manufacturers— Continued. 


Whole Tons. 

3,182 

1,496 

45,234 

221 

2,358 

693 

3,839 

189, 933 

55,514 

8,024 

14, 419 

51,774 
1,642,708 


Whole Tons. 

29,646 

9,227 

38, 843 

1,568 

4,310 

7,141 

4,477 

119,401 

140,364 

27, 801 

16,614 

79, 763 
1,725,733 


Whole Tons. 

32, 828 

10, 723 

84, 077 

1,789 

6,668 

7,834 

8,316 

309 334 


Per Cent. 
.97 




.32 




2 50 


Agricultural implements 


.5 

20 




.23 


Household goods and furniture 


.25 

Q 18 




195,878 5.82 
35,825 1.06 
31,033 .92 

131,537 3.90 
3,368,441 100.00 






Miscellaneous— 

Other commodities not mentioned above — 
Total tonnage— North Carolina 




7,070,320 


2,321,881 


9,392,201 i 





150 



N. C. CORPOEATION COMMISSION. 



DESCRIPTION OF EQUIPMENT. 



Item. 


Number 
Added 
During 
Year. 


Total 
Number 

at End 
of Year. 


Equipment Fitted With 
Train Brake. 


Equipment 

Fitted With 

Automatic 

Coupler. 




Number. 


Name. 


Number. 


Locomotives— Owned and Leased : 


28 
11 


466 
79 


466 




466 
79 




79 Hn 








Total locomotives in service -- 


39 


545 


545 


545 


Total locomotives owned 


39 


545 


545 


-—do 

—do 

—do 

—-do 

— do 

Various 

_— do 

— do 

— do 

do 


545 


Cars— Owned and Leased: 
In Passenger Service— 
First-class cars 


12 
Deduct 5 

1 


200 

67 

110 

2 

137 


200 

67 

110 

2 

137 


200 
67 




110 
2 




Baggage, express and postal cars- 




137 






Total - - - 


8 


516 


516 


516 






In Freight Service— 


2,113 
369 


12,397 

4,084 
145 
150 
708 
5 
202 


11,861 

3,736 

139 

150 


12,380 
4 082 






145 




Ded't 30 

49 


150 








5 
202 


—.do 

—do 

—do 

— do 

—do 

—-do 

____ do 


5 


Other cars in freight service 


75 


202 


Total 


2,576 


17,691 


16, 093 


16,964 




In Company's Service— 


Deduct 1 
Deduct 4 

7 

8 

40 


14 
232 

226 
365 


14 
190 

68 
191 

128 


14 




230 


Derrick and wrecking cars 


91 
226 




362 






Total - - 


50 


930 


591 


923 








2,634 


19, 137 


17,200 


18, 403 






2,634 


19, 137 


17,200 


18, 403 





ATLANTIC COAST LINE RAILROAD COMPANY. 



151 



MILEAGE. 

MILEAGE OF ROAD OPERATED- (All Tracks). 





Line Represented 
by Capital Stock. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 
Mileage 
Oper- 
ated. 


New Line 

Con- 
structed 
During 
Year. 


Rails. 


Line in Use. 


-.«■ • Branches 
Mam i j 


Iron. 


Steel. 


Miles of single track — 


2, 846. 58 
60.90 

740.47 


1,346.74 


79.74 


60.57 


4,333.63 

60.90 

740.47 


11.35 
32.10 

45.91 


46.10 
87 48 


4,226.96 
60 90 


Miles of yard track and 
sidings 








KH9 99 










Total mileage oper- 
ated 


3,647.95 


1,346.74 


79.74 


60.57 


5,135.00 


89.36 


133.58 


4,940.85 



MILEAGE OF LINE OPERATED BY STATES- (Single Track). 





Line Represented 
by Capital Stock. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 
Mileage 
Oper- 
ated. 


New Line 

Con- 
structed 
During 
Year. 


Rails. 


State or Territory. 


Main 
Line. 


Branches 

and 

Spurs. 


Iron. 


Steel. 




107.80 
595.34 
552.27 
570.89 
878. 16 
142.12 


29.74 
403.27 
241.60 
134. 91 
434. 02 
103.20 






137. 54 
1,004.71 

869. 57 

713.31 
1,362.18 

246.32 


1.16 
.33 
1.30 
1.00 
6.90 
.66 


.15 
34.35 
11.60 


137 39 


North Carolina 

South Carolina 


1.25 
50.70 


4.85 
25.00 

7.51 
22.21 

1.00 


965. 51 
832. 97 
705 80 


Florida 


27.79 


1,339.92 

245 32 






Total mileage oper- 
ated 


2,846.58 


1,346.74 


79.74 


60.57 


4,333.63 


11.35 


46.10 


4,226.96 



152 



K". C. CORPORATION COMMISSION. 



MILEAGE-Continued. 
MILEAGE OF LINE OWNED, BY STATES- (Single Track). 



State or Territory. 



Virginia 

North Carolina 

South Carolina 

Georgia 

Florida 

Alabama 

Total mileage owned 



Line Represented 
by Capital Stock. 



Main 
Line. 



107. 80 
595.34 
552.27 
570.89 
878. 16 
142.12 



Branches 
and 

Spurs. 



32.89 
407.38 
241.60 
134. 91 
437.92 
103.20 



1,357.90 



Total 
Mileage 
Owned. 



140.69 
1,002.72 

793. 87 

705.80 
1,316.08 

245.32 



4,204.48 



New Line 

Con- 
structed 
During 
Year. 



Rails. 



Iron. 



1.16 .15 
34.35 
1.30 11.60 
1.00 

6.90 I 

.66 ! 



11.35 



46.10 



Steel. 



140.54 
968.37 
782.27 
705.80 
1,316.08 
245. 32 



4,158.38 



TAXES AND ASSESSMENTS OF ALL KINDS. 

FOR REPORTING COMPANY'S OWNED AND PROPRIETARY LINES. 



State or Territory. 



Ad Valorem 
Tax. 



0) o 



ni to 



o>Ph 
c B t* 

5«* 



Specific Tax. 



m 



ill* 

tn >> o o 



Total. 



Virginia 

North Carolina 
South Carolina 
Georgia 

Florida 

Alabama 

Total 



$ 40,532.56 
220,325.24 
134,417.75 
146,721.17 
204,658.75 
41,791.08 



$ 6,720. 



5, 188. 91 



25.00 

4,768.15 

3,028.60 

185. 00 

150.00 

1,356.41 



788,446.65 



11,909.79 



$ 47,278.44 
225,093.49 
142,635.26 
146,906.17 
204, 808. 75 
43,147.49 



513.16 809,869.60 



SEABOARD AIR LINE RAILWAY. 



153 



SEABOARD AIR LINE RAILWAY. 

OFFICERS. 



Title. 



Name. 



Location of Office. 



Chairman of the Executive Committee 
President 

First Vice-President 

Second Vice-President 

Secretary 

Treasurer 

General Counsel 

Comptroller 

Chief Engineer 

General Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Superintendent of Telegraph 

Traffic Manager 

General Freight Agent 

Assistant General Freight Agent 

Assistant General Freight Agent 

Assistant General Freight Agent 

Assistant General Freight Agent 

General Passenger Agent 

Assistant General Passenger Agent — 
Assistant General Passenger Agent--- 
Assistant General Passenger Agent- 



James A. Blair - 
Alfred Walter— 
N. S. Meldrum - 
E. F. Cost 

D. C. Porteous-- 
N. S. Meldrum - 

L. R. Watts 

T. W. Roby -— 
W. L. Seddon— 

C. H. Hix 

W. R. Hudson - 
W. J. Jenks — - 

E. Berkley 

H. B. Grimshaw 
H. W. Stanly - 

J. M. Shea 

W. F. Williams 

E. F. Cost 

C. R. Capps 

L. E. Chalenor - 

J. A. Pride 

E. D. Kyle 

J. G. Cantrell — 

C. B. Ryan 

C. F. Stewart— 
S. C. Boyleston - 
W. E. Christian 



New York, N. Y. 
Norfolk, Va. 
New York, N. Y. 
Norfolk, Va. 
New York, N. Y. 
New York, N. Y. 
Portsmouth, Va. 
Portsmouth, Va. 
Portsmouth, Va. 
Portsmouth, Va. 
Richmond, Va. 
Raleigh, N. C. 
Atlanta, Ga. 
Savannah, Ga. 
Jacksonville, Fla. 
Jacksonville, Fla. 
Portsmouth, Va. 
Norfolk, Va. 
Norfolk, Va. 
Savannah, Ga. 
Atlanta, Ga. 
Jacksonville, Fla. 
Birmingham; Ala. 
Portsmouth, Va. 
Savannah, Ga. 
Jacksonville, Fla. 
Atlanta, Ga. 



DIRECTORS. 

James A. Blair, 24 Broad Street, New York ; John B. Dennis, 24 Broad Street, New York ; 
Norman B. Ream, 24 Broad Street, New York ; N. S. Meldrum, 24 Broad Street, New York ; Ernest 
Thalman, 25 Broad Street, New York ; H. Clay Pierce, 25 Broad Street, New York ; Thomas F. Ryan, 
Oak Ridge, Va.; B. F. Yoakum, 71 Broadway, New York; C. Sidney Shepard, New Haven, N. Y.; 
T. Jefferson Coolidge, Jr., Boston, Mass.; S. Davis Warfield, Baltimore, Md.; Townsend Scott, Balti- 
more, Md.; James H. Dooley, 922 East Main Street, Richmond, Va.; George W. Watts, Durham, 
N. C; Alfred Walter, Norfolk, Va.; James M. Barr, Norfolk, Va. 



154 



N. C. CORPORATION COMMISSION. 



Railroad line represented by capital stock : 

A. Main line. 

B. Branches and spurs. 

Proprietary companies whose entire capital 
stock is owned by this company. 



PROPERTY OPERATED-State of North Carolina. 

3. Line operated under lease for specified sum. 



4. Line operated under contract, or where the 

rent is contingent upon earnings or other 
considerations. 

5. Line operated under trackage rights. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 


Name. 


From— 


To- 


Each Class 
of Roads 
Named. 


1 A.— Seaboard Air Line 


Virginia State Line — 
Virginia State Line — 
Virginia State Line -- 




18.40 
32.30 

7.50 

96.20 

96.60 

264. 63 

14.30 

7.00 
41.40 
10.00 
11.20 

4.70 

1.70 
10.13 

4.51 






Lewiston 

Norlina 

Raleigh 

Hamlet 

Rutherfordton 

S. C. State Line 

S. C. State Line 

Durham 

Louisburg 

Pittsboro 

Caroleen 

Henrietta Mills 






Raleigh 

Wilmington 






Hamlet 

Henderson 

Franklinton 












Mills Junction 

Hamlet 

Dickerson 

Roanoke Junction 

Hilton 














620.57 
2 54 


1 B.— Seaboard Air Line 

Railway 

4.— Wilmington Railway and 








2 40 












625 51 













PROPERTY OPERATED. 



1 A.— Seaboard Air Line 
Railway 



Hermitage — 
Portsmouth -- 

Weldon 

Raleigh 

Wilmington — 

Monroe 

Belt Junction 

Hamlet 

Cheraw 

Camden 



Norlina 

Weldon 

Raleigh 

Hamlet 

Rutherfordton - 
Belt Junction - 

Howell 

Cheraw 

Camden 

Columbia 



102. 10 

78.60 

96.20 

96.60 

264.63 

261.10 

8.10 

18.28 

54.94 

32.66 



SEABOARD AIR LINE RAILWAY. 



155 



PROPERTY OPERATED-Continued. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 


Name. 


From— 


To— 


Each Class 
of Roads 

Named. 


1 A.— Seaboard Air Line 
Railway— Continued. 


Columbia 


Savannah 


138. 55 










16 99 








Montgomery 

Jacksonville 


262 99 








138. 96 










209 06 










155 70 






Waldo 




155 44 










41.40 








Oxford 


4.51 






Boykins 




35 00 








10 00 










11.20 










4.70 










1 70 






Lawrenceville 


Loganville 


10.33 






Hamlet 


Gibson 


10.13 








Albany 

Ocilla - - — 


88 00 








30 80 






Savannah River 


Hutchinson's Island-- 


2.08 






Drifton- 




4 38 








St Mark's Fla 


20 35 










25 








Early Bird 


28 75 










70 16 






Silver Springs Jet. 


Silver Springs 


1.90 










2 07 










7 65 






Starke -- 




56.44 








Roanoke Rapids 


2,532.70 


1 B.— Seaboard Air Line 


2.54 
2 83 










Early Bird- — 




60 










59 










1 71 










5 00 






Quincy 


Owl Mill 


1.95 








15.22 



156 



ST. C. CORPORATION" COMMISSION. 



PROPERTY OPERATED-Continued. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 

Line for 

Each Class 


Name. 


From— 


To- 


of Roads 
Named. 


3. Central of Georgia 

4. Wilmington Railway and 


L o 






57 65 


Hilton - 






2 40 


5. Western and Atlantic 








3 00 














2,610.97 











The above does not include 2.00 miles of line from Fernandina to Amelia Beach, leased, nor 
Turkey Creek Spur to Duvant, 4. 33 miles, leased. 



CAPITAL STOCK. 



Description. 



Number of 

Shares 
Authorized. 



Par 
Value 

of 
Shares. 



Total Par 

Value 

Authorized. 



Total 
Amount 
Issued and 
Outstand- 
ing. 



Capital stock— common- 
preferred 
Total 



750,000 
250,000 



$ 100.00 
100.00 



$ 75,000,000 
25,000,000 



$ 37,504,000 
25, 000, 000 



1,000,000 



200.00 



100,000,000 



62, 504, 000 



Manner of Payment for Capital Stock. 



Total 

Number 

Shares 

Issued and 

Outstanding. 



Issued for construction — common 

Issued for acquiring securities of proprietary companies— preferred 

common- 
Total 



2,000 
250, 000 
373,040 



625,040 



SEABOARD AIR LINE RAILWAY. 



157 



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158 



H". C. CORPORATION COMMISSION. 





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SEABOARD AIR LINE RAILWAY. 



159 



RECAPITULATION OF FUNDED DEBT. 



Class of Debt. 



Mortgage bonds 

Miscellaneous obligations — 

Equipment trust obligations 

Total 



Amount 
Issued. 



$68,493,000.00 

15,000,000.00 

8, 525, 502. 70 



92,018,502.70 



Amount 
Outstanding. 



$43,175,000.00 
14,665,000.00 
5,440,068.00 



63,280,068.00 



Interest. 



Amount 
Accrued Dur- 
ing Year. 



2,015,400.00 
733,250.00 
144, 218. 99 



2,892,868.99 



Amount 

Paid During 

Year. 



$ 2,015,400.00 
733,250.00 
155,161.64 



2, 903, 811. 64 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Other cash assets (excluding materials and supplies)* 

Total — cash and current assets 

Balance— current liabilities 

Total 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts - 

Wages and salaries 

Net traffic balances due to other companies 

Matured interest coupons unpaid (including coupons due July 1) 

Miscellaneous 

Total — current liabilities 

Total 



$ 1,604,117.98 

534, 222. 77 

330,769.49 

86,910.44 

113,453.96 



2,669,474.64 
4,506,271.50 



7, 175, 746. 14 



4,465,733.92 
1,023,282.63 
610,285.53 
233,746.88 
722,908.75 
119, 788. 43 



7, 175, 746. 14 



7,175,746.14 



* Materials and supplies on hand, $1,075,996.77. 



160 



N. C. CORPORATION" COMMISSION. 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 



Account. 


Total Amount 
Outstanding. 


Apportionment 
to Railroads. 


Amount Per Mile of Line. 


Miles. 


Amount. 




$62,504,000.00 

57,840,000.00 

5,440,068.00 


$62,504,000.00 

57,840,000.00 

5,440,068.00 


2,554.25 
2,554.25 
2, 554. 25 


$ 24,470.58 
22,644.61 
2,129.81 




Equipment trust obligations 




125,784,068.00 


125,784,068.00 


2,554.25 


49,245.00 





B. FOR MILEAGE OPERATED. 





Capital Stock. 


Funded Debt. 


Total. 


Amount Per 
Mile of Line. 




Miles. 


Amount. 


Seaboard Air Line Railway - 


$62,504,000.00 


$63,280,068.00 


$125,784,068.00 


2,607.97 


$ 48,230.64 



SEABOARD AIR LINE RAILWAY. 



161 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 



Construction— 

Engineering- 

Right-of-way and station grounds 

Real estate 

Grading 

Bonds of Proprietary Co's sold 
Bridges, trestles and culverts 

Ties 

Rails . 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfacing —. 
Fencing right-of-way 



Crossings, cattle-guards and 
signs 



Interlocking or signal apparatus 
Telegraph lines 

Station buildings and fixtures- — 

Shops, roundhouses and turn- 
tables 



Shop machinery and tools 

Water stations 

Fuel stations 

Grain elevators 

Storage warehouses 

Docks and wharves 

Electric light plants 



Treasury stock bonus to sub- 
scribers to $5,000,000.00 



Electric motive-power plants - 
Acquired by control of stock -- 

Miscellaneous structures 

Legal expenses 

Purchase of constituent roads- 
General expenses 

Total construction 



Expenditures During Year Not 

Included in Operating 

Expenses. 



Charged to 
Special Funds. 



Charged to 
Construction 
or Equipment. 



$ 8,519.26 

177,308.46 



*8, 960. 00 
22,700.00 



30,593.76 



Total Cost to 
June 30, 1905. 



Total Cost to 
June 30, 1906. 



63,190.11 
22,910.30 
160,137.31 
30,482.19 
12,220.30 
40,333.66 
34,592.39 
10,689.83 

9,310.72 
2,971.82 



222,236.41 

42, 464. 75 
24,007.29 

1,608.30 
5,174.85 



32,944.45 
2,355.04 



700.00 



11,239.96 
2,052.61 



13,740.00 925,563.85 



$ 8, 557. 93 

465,112.70 

90,823.92 
355, 559. 45 
580,000.00 
139,638.61 

93,518.83 
502,675.09 
144,622.54 

57,205.04 
280,584.20 
130, 282. 28 

10, 165. 37 

46,821.55 

7,097.96 

1,391.08 

408,633.08 

87, 765. 50 

105, 550. 03 

41,582.34 

38,628.70 

632.89 

10,005.87 

129,601.66 

907.09 

12,500,000.00 

94,323,892.34 
72, 594. 56 
5, 532. 93 
8, 533. 13 
11,066.04 



110,658,982.71 



17,077.19 
642,421.16 

90, 823. 92 
386,153.21 
580,000.00 

202. 828. 72 
116,429.13 
662,812.40 

175. 104. 73 
69,425.34 

320,917.86 
164,874.67 
20,855.20 

56,132.27 

10, 069. 78 

1,391.08 

630, 869. 49 

130,230.25 

129, 557. 32 

43,190.64 

43,803.55 

632.89 

10,005.87 

162, 546. 11 

3,262.13 

12,500,000.00 

700.00 

94,310,152.34 

61,354.60 

7,585.54 

8,533.13 

11,066.04 



111,570,806.56 



Deduct. 

Corp. 2 11 



162 



H". C. CORPORATION COMMISSION. 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS-Continued. 



Item. 



Equipment— 

Locomotives 

Passenger cars 

Baggage, express and postal cars 
Freight cars 

Other cars of all classes 

Floating equipment 



Destroyed equipment to June 30, 
1903 



Acquired by control of stock 

Total equipment 

Total construction 



Grand total construction, 
equipment, etc 



Expenditures During Year Not 

Included in Operating 

Expenses. 



Charged to 
Special Funds. 



13,740.00 



13,740.00 



Charged to 
Construction 
or Equipment. 



$ 406, 053. 85 
141,704.69 



951,171.66 
10,050.00 

8,358.87 



1,517,339.07 
925,563.85 



2, 442, 902. 92 



Total Cost to 
June 30, 1905. 



$ 1,785,205.95 

227,602.22 

51,363.73 

4,277,018.68 

80.308.86 

3,069.74 

377,694.53 
3,582,114.02 



9,628,988.67 
110, 658, 982. 71 



120,287,971.38 



Total Cost to 
June 30, 1906. 



$ 2,191,259.80 

369,306.91 

51,363.73 

5,228,190.34 

90,358.86 

11,428.61 

*377,694.53 
3, 582, 114. 02 



11,146,327,74 
111,570,806.56 



122,717,134. 



Deduct. 



SEABOARD AIR LINE RAILWAY. 



163 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dividends on stocks owned 

Interest on bonds owned 

Miscellaneous income 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Interest on interest-bearing current liabilities, etc 

Rents paid for lease of road 

Taxes 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1906- 



Surplus on June 30, 1905 (from "General Balance Sheet," 1905 
Report) 



Additions for year 

Deductions for year 

Surplus on June 30, 1906 (for entry on "General Balance Sheet") 



$15, 116, 947. 82 
10,513,461.26 



30,400.00 
3,496.66 
2,347.12 



187,983.94 
48,925.05 
517,831.13 



$ 4,603,486.56 



5,243.78 



4,639,730.34 



3,647,609.11 



992,121.33 
992,121.33 

823,300.21 
38,314.15 
90,310.86 

,763,424.73 



164 



BT. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$ 778,685.37 


$ 3,365.60 








Less repayments— 


1,372.75 

1.864.82 

128.03 
































$ 775,319.77 
82 916 03 


Mail - - 












95,850.56 
7,379.76 

1,244.48 
962, 710. 60 




















Freight— 


3,504,382.25 
36,227.48 


36,227.48 


Less repayments— 
























3 468 154.77 












3,468,154.77 












4,430,865.37 


Other Earnings from Operation— 


9,331.42 
8,401.98 
5,664.72 
12,666.96 
11,530.77 




























47 595 85 










Total gross earnings from operation— North 


4,478,461.22 










Total gross earnings from operation— entire 


15,116,947.82 









SEABOARD AIR LINE RAILWAY. 



165 



STOCKS OWNED.' 

A. RAILWAY STOCKS. 



Name. 


Total Par 
Value. 


Rate, 
Per 

Cent. 


Income 

or Dividend 

Received. 


Valuation. 


Savannah Union Station Co 


$ 100,000.00 

50,000.00 

29,500.00 

83,350.00 

20,000.00 

5,400.00 

1,525,000.00 

2,033,000.00 

99,900.00 

152,200.00 

7,200.00 

495, 000. 00 

1,105,000.00 

445, 000. 00 

8,333.34 

500,000.00 

224,500.00 




$ 


$ 54,638.36 

26,929.97 

27,104.30 

1,000.00 

1 00 








Columbia, Newberry and Laurens R. R 


















Atlanta and Birmingham Air Line Railway- 












179,593.29 


F. C. and P. Treasury Stock— common 

F. C. and P. Treasury Stock— preferred 

Southeastern and Atlanta (N. and P. Belt) — 
S. A. L. Treasury Stock— common 
















7,708.09 
495 000 00 






4 


17, 800. 00 


1 105 000 00 




445, 000. 00 




8,333.34 

75, 200. 00 








Tallahassee, Perry and Southeastern Railway 










9, 100. 00 

87 464 00 


Plant City, Arcadia and Gulf Railway 

Atlantic, Suwanee River and Gulf Railway— 


137,500.00 
380,000.00 




















7,400,883.34 




17,800.00 


2, 522, 072. 35 





B. OTHER STOCKS. 



Name. 


Total Par 
Value. 


Rate, 
Per 

Cent. 


Income 

or Dividend 

Received. 


Valuation. 




$ 400, 000. 00 

25,000.00 

210, 000. 00 

12,500.00 

121,200.00 

62,500.00 





$ 


$ 800,229.15 

28, 678. 33 






6 


12,600.00 


248,750.00 
12 500 00 






I 








132,236.25 


Charleston, Aug. and Chattanooga Air Line- 


1 






Total - - 


831,200.00 




12,600.00 1,222,393.73 






8,232,083.34 




30,400.00 3,744,466.08 





166 



N. C CORPORATION COMMISSION. 



BONDS OWNED. 
A. RAILWAY BONDS. 



Name. 


Total 
Par Value. 


Rate 
Per 

Cent. 


Income 
or Interest 
Received. 


Valuation. 




$ 600,000.00 

25,000.00 

2,000,000.00 

448,000.00 

810. 00 

35,000.00 

100,000.00 

18,249.06 

150,000.00 




$ 


$ 510,625.00 

54,359.36 

2,000,000.00 

253,283.78 

810 00 






A. & B. Air Line Ry.— second mortgage 










S. A. L. Ry.-3 years' C. T. scrip 






5 


1,749.99 


30,156 00 


Georgia and Alabama Ry.— first consol 


100,000.00 
18,249.06 
107,838.39 


' 5 


1,466.67 


Tallahassee, Perry and Southeastern Ry 






Total 


3,377,059.06 




3, 216. 66 


3,075,321.59 





B. OTHER BONDS. 



Name. 


Total 
Par Value. 


Rate 
Per 
Cent. 


Income 
or Interest 
Received. 


Valuation. 


Florida Publishing Co.— one-third interest 


$ 4,666.67 
50,000.00 


6 


$ 280.00 


$ 800.00 
50,000.00 










Total - — 


54,666.67 




280.00 


50,800.00 






3,431,725.73 




3,496.66 


3,126,121.59 







SEABOARD AIE LINE RAILWAY. 



167 



RENTALS RECEIVED. 
RENTS RECEIVED FROM LEASE OF TRACKS, YARDS, AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Com- 
pany Using Property 
Leased. 


Item. 


Total. 




Weldonto Garys, N. C — 
Archer to Morriston, Fla. 


A. C. Line R. R. 


$ 5,632.08 
4,332.68 
1,800.00 

1,800.00 
1,440.00 

442.80 

2,864.75 
240.00 
180.00 

3,832.86 






A. C. Line R. R 

Atlanta Rapid Trans. Co. 

Ches. and Lane. R. R. 






Cheraw, S. C, to Mar- 
burg, S. C 

Carthage, N. C. 

Cheraw, S. C, toKollocks, 
S C 






Bennetts and Cher. R. R. 

Virginia and Carolina 
Coast R R 






Suffolk, Va., to Ports- 








Florida and Ga. R. R 

Tavares and Gulf R. R. 
Various 












Sidings and spurs 








$ 22,565.17 






Albany and Nor. R. R. - 

Raleigh and Charleston 
R R 


715. 00 

120.00 

94.75 
73.75 

73.75 






Lumberton, N. C. 






Bennetts and Cheraw 
R R . 






Live Oak Fla -- 


Live Oak and Perry R.R. 

Suwanee and Sou. Pedro 
R R - 






Live Oak, Fla. 










Total 




1,077.25 












Grand total rents 


23 642 42 













MISCELLANEOUS INCOME. 



Items. 


Gross 
Income. 


Net Mis- 
cellaneous 
Income. 




$ 763. 32 

1,474.80 

109.00 


$ 763.32 

1,474.80 

109.00 








Total - - — 


2,347.12 


2,347.12 





168 



W. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 

Maintenance of Way and Structures— 

Repairs of roadway 

Renewals of rails 

Renewals of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals of fences, road crossings, signs and cattle-guard 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing 

Other expenses 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of marine equipment 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhouse men 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow and waste for locomotives 

Other supplies for locomotives 

Train service 

Train supplies and expenses 

Switchmen, flagmen and watchmen 

Telegraph expenses 

Station service 

Station supplies 

Car per diem and mileage— balance 

Total carried forward 



954, 173. 93 

133,340.23 

256,805.00 

230,629.07 

14,136.52 

208,981.68 

46, 660. 78 

13, 873. 16 

247. 63 

6, 692. 14 



1,865,540.14 



58,188.73 

749,788.48 

241, 258. 59 

696,089.29 

32,081.79 

8,053.41 

70,980.02 

3,821.74 

89,053.82 



1,949,315.87 



228,742.95 

838,085.04 

1,443,958.65 

64,092.29 

40,051.40 

20,529.45 

484, 520. 02 

133,170.24 

252,992.29 

221,757.07 

832,488.31 

60,020.48 

253,313.80 



4,873,721. 



SEABOARD AIR LINE RAILWAY. 



169 



OPERATING EXPENSES-Continued. 



Item. 

Conducting Transportation— Continued. 

Total brought forward 

Loss and damage 

Injuries to persons 

Clearing wrecks 

Operating marine equipment 

Advertising 

Outside agencies 

Commissions 

Stock yards and elevators 

Rents for tracks, yards and terminals 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses , 

Total 

Recapitulation of Expenses— 

, Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$ 4,873,721.99 

389,755.02 

272,981.83 

43,497.31 

41,603.34 

82,243.52 

258, 346. 71 

2,157.34 

36, 123. 14 

50,655.73 

19,868.90 

79,122.90 

5, 855. 12 



155, 



.85 



72,066.37 
180, 812. 78 
19,346.87 
98,511.19 
130,362.32 
16,076.82 
25,496.05 



542,672.40 



1,865,540.14 
1,949,315.87 
6,155,932.85 

542,672.40 



10,513,461.26 



69.55 

495, 832. 79 

622,403.60 

1,691,803.03 

133,324.28 



2,943,363.70 



65.72 



170 



N. C. CORPORATION COMMISSION. 



RENTALS PAID. 

RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 



Central of Georgia Railway- 
Wilmington Railway Bridge 
Total rents 



Interest on 

Bonds 
Guaranteed. 



5,425.05 



Cash. 



$43,500.00 



43,500.00 



Total. 



$ 43,500.00 
5,425.05 



48,925.05 



RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of 
Company Owning 
Property Leased. 


Item. 


Total. 


Tracks— 

Water- works Track 


Montgomery, Ala 

Pinehurst, N. C 


C. of Ga. Ry. Co 

A. & A. R. R 


$ 1,200.00 
1,570.00 








Total - — 




$ 2,770.00 


Yards— 
Y Track 


Lake City, Fla 

Tallahassee, Fla. 

Gainesville, Fla 

Gainesville, Fla. 

Vidalia, Ga. 

Raleigh, N. C 


A. C. L. R. R 

G. F. & A. Ry 

G. &G. R. R 

A. C. L. R. R 

M. D. &S. R. R 

Southern Railway Co. 


52.00 

1.00 

334. 00 

37.34 

1.50 

.50 










Connecting Track 

Y Track 
















526.34 


Terminals— 

Passenger Station 

Passenger Station 


Durham, N. C. 

Jacksonville, Fla. 

Atlanta, Ga 


Durham U. Sta. Co. — 

Jacksonville Ter. Co.- 

Atlanta Railroad 
Clearing House 

C. of Ga. R. R 

L. &N. R. R 

Savannah U. Sta. Co.~ 

N. C. & St. L. Ry 

C. of Ga. R. R 

C. of Ga. R. R 

A. & N. R. R 

A. C. L. R. R 

Columbus R. R. Co 


819.27 
7,908.00 

999.96 

819.45 

897. 93 

8,913.40 

12,499.92 

342.88 

12.99 

825.00 

762.94 

7, 500. 00 

4, 969. 80 

87.85 




Passenger Station 

Passenger Station 


Montgomery, Ala. 

Savannah, Ga 












Meldrum, Ga. 




Freight Term. Facilities- 
Freight Term. Facilities - 




Chattahoochee, Fla. — 




Wharfage 


Savannah, Ga 

Fernandina, Fla. 




Dock and Realty Co.-- 




Total 


47, 359. 39 














50, 655. 73 













SEABOARD AIR DINE RAILWAY. 



171 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 



Total. 



$110,658,982.71 
9,628,988.67 
3,546,735.96 
3,025,034.14 

108,500.00 



2,281,713.10 


553,712.50 


996,399.11 


3,425,204.01 


134,225,270.20 


62,500,000.00 


61,170,184.67 


4,858,231.34 


340, 568. 82 


321,463.38 


69,959.63 


108,500.00 



861,619.25 
2,171,442.90 
1,823,300.21 



134,225,270.20 



Cost of road 

Cost of equipment 

Stocks owned 

Bonds owned 

Leasehold interest in Wilmington 
Ry. Bridge (per contra) 

First mortgage A. & B. A. L. Ry. 
to Knickerbocker Trust Co., to 
secure our four per cent, 30-year 
gold bonds (per contra) 

Cash and current assets 

OTHER ASSETS. 

Equipment trusts 

Materials and supplies 

Sundries 

Grand total 

LIABILITIES. 

Capital stock 

Funded debt 

Current liabilities 

Accrued interest on funded debt 
not yet payable 

Accrued taxes 

Reserve for acquiring outstanding 
stock of proprietary companies — 

Wilmington Railway Bridge bonds 
(per contra) 

S. A. L. Ry. Atlanta-Birmingham 
first mortgage 4 per cent. 30-year 
gold bonds (per contra) 

Reserve funds 

Sundries 

Profit and loss 

Grand total 



$111,570,806.56 $ 911,823.85 

11,146,327.74 1,517,339.07 

3,744,466.08 197,730.12 

3,126,121.59 101,087.45 



June 30, 1906. Year Ending June 30, 1906. 



Total. 



Increase. 



108,500.00 

5,760,000.00 
2,669,474.64 

2,146,126.49 
1,075,996.77 
4,609,788.51 



145,957,608.38 



5,760,000.00 
387,761.54 

1,592,413.99 

79, 597. 66 
1,184,584.50 



11,732,338.18 



Decrease. 



62,504,000.00 

63,280,068.00 2,109,883.33 

7,175,746.14 I 2,317,514.80 



428,006.25 
325,713.07 

51,959.63 

108,500.00 



87,437.43 
4,249.69 



5,760,000.00 5,760,000.00 
1,388,747.66 ! 527,128.41 
2,171,442.90 

2,763,424.73 j 940,124.52 



145,957,608.38 | 11,732,338.18 



18,000.00 



172 



N. C. CORPORATION COMMISSION. 



EMPLOYEES AND SALARIES-State of North Carolina. 



Class. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shop men 

Section foremen 

Other trackmen 

Switch tenders, crossing tenders and watchmen- 
Telegraph operators and dispatchers 

Employees— account floating equipment 

All other employees and laborers 



Total (including "General Officers") - North 
Carolina 



Less "General Officers" 

Total (excluding "General Officers") —North 
Carolina 



Distribution of Above— 

General administration 

Maintenance of way and structures- 
Maintenance of equipment 

Conducting transportation 



Total (including "General Officers") North 
Carolina 

Less "General Officers" 



Total (excluding "General Officers") —North 
Carolina 



Total (including "General Officers")— Entire 
line 



Number. 



4 
7 
111 
115 
391 
117 
181 

67 
211 
123 

35 
429 
107 
760 
131 

58 



316 



3,163 

4 



3,159 



122 



587 
1,587 



3,163 



Total 
Number 
of Days 
Worked. 



1,234 

2,380 

40,463 

33, 101 

122, 927 
26,476 
34,185 
17,205 
37, 035 
33,534 
8,207 

103, 719 
36, 633 

163,780 
36, 972 
17,663 



800, 141 
1,234 



798, 907 



44,077 
200, 413 
145, 460 
410, 191 



)0, 141 
1,234 



3,159 



13,213 



,907 



3,343,520 



Total 
Yearly 
Compensa- 
tion. 



Average 
Daily 
Compensa- 
tion. 



21,180.58 
17,801.33 
80,240.69 
53,640.23 

168,356.65 

134,348.04 
54, 153. 71 
66,593.66 
56,519.65 
77,380.37 
20,797.15 

165,125.45 
62,118.77 

163,566.07 
57, 625. 52 
33,648.07 



150,176.29 



1,383,272.23 
21,180.58 



1,362,091.65 



119,222.60 
225,684.84 
263, 302. 97 
775,061.82 



1,383,272.23 
21,180.58 



1,362,091.65 



5,781,138.79 



17.16 
7.48 
1.98 
1.62 
1.37 
5.07 
1.58 
3.87 
1.53 
2.31 
2.53 
1.59 
1.70 
1.00 
1.56 
1.91 



1.77 



1.73 
17.16 



1.71 



2.70 
1.13 
1.81 
1.89 



1.73 
17.16 



1.71 
1.73 



SEABOARD AIR LINE RAILWAY. 



173 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, Etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried onemile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



730, 689 
32,543,952 

52, 027 
44.54 



2,286,307 
230,387,606 
368,320 
100. 77 



Dollars. 



Cts. 



775, 319 
1 



961,590 
1,537 



3, 468, 154 
1.51 

3,468,154 

5,544 

2 

4, 478, 461 

7,159 

2 

2,943,363 

4,705 

1 

1,535,097 

2,454 



174 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road-- 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight- -- 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, Etc. 



3,049,622 
135, 826, 215 

52,021 
44.54 



6,064,558 
961,550,942 
368,273 
158.55 



Columns for Revenue 
and Rates. 



Dollars. 



3,235,892 

1 



1, 964, 748 
1,518 



10,775,580 
1 



10,950,676 

4,194 

2 

15,116,947 

5,789 

1 

10,513,461 

4,026 

1 

4,603,486 

1,763 



Cts. 



SEABOARD AIR LINE RAILWAY. 



175 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina. 

COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Freight 

Originating 

on this 

Road. 



Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 



Total Freight Tonnage. 



Products of Agriculture— 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Melons 

Peanuts 

Products of Animals— 

Live-stock 

Dressed meats 

Other packing-house products — 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines— 

Fuller's earth 

Anthracite coal 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles 

Phosphate 

Salt 

Products of Forests— 

Lumber and staves 

Logs and ties 

Wood and slabs 



Whole Tons. 
21,566 
10,723 
17,021 
4,953 
26, 323 
54,725 
43,058 
17, 770 
13,477 

3,119 
210 

8,767 

233 

52 

1,225 

157 

7,321 

75 

53 

20,521 

1,141 
4,143 

259,028 

252, 968 

92,801 



Whole Tons. 
36,348 
23,678 

9,117 
11,572 

9,919 
20, 101 
12,150 

1,650 

1,050 

4,524 
115 

6,159 
215 

288 
820 



194,622 

1,400 
1,243 
4,245 
14,085 
5,511 

141,315 
3,255 
9,615 



le Tons. 


57, 914 


34, 401 


26, 138 


16, 525 


36, 242 


74,826 


55,208 


19,420 


14, 527 


7,643 


325 


14, 926 


448 


340 


2,045 


646 


201,943 


1,475 


1,296 


24, 766 


15,226 


9,654 


400,343 


256,223 


102, 416 



Per Cent. 
2.53 
1.51 
1.14 

.72 

1.56 

3.27 

2.42 

.85 

.64 

.34 
.01 
.65 
.02 
.01 
.09 



8.83 



.07 


.06 


1.08 


.67 


.42 


17.51 


11.21 


4.48 



176 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina-Continued. 



Commodity. 



Freight 

Originating 

on this 

Road. 



Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 



Total Freight Tonnage. 



Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc. 

Wines, liquors and beers 

Household goods and furniture 

Fertilizers 

Merchandise 

Bagging 

Miscellaneous— 

Other commodities not mentioned above 

Cotton factory products 

Total tonnage— North Carolina 

Total tonnage— entire line 



Whole Tons. 
22,001 
7,268 
8,317 
604 
3,497 
5,723 
7,224 



1,941 
3,724 
7,119 
108, 751 
96, 723 
5,519 

85,260 

48,984 

1,308,366 



Whole Tons. 

13, 515 

6,555 

4,525 

43, 608 

14, 968 

36, 120 

32,519 

17,243 

916 

5,215 

6,032 

5,123 

62,215 

112,000 

4,804 

73, 154 
25,943 
977,941 



Whole Tons. 
35, 516 
13,823 

12,842 

44, 212 

18,465 

41,843 

39, 743 

51,125 

1,315 

7,156 

9,756 

12,242 

170, 966 

208,723 

10,323 

158,414 

74,927 

2,286,307 



,290,849 



2, 773, 709 



5,064,558 



Per Cent. 

1.55 

.61 

.56 

1.93 

.81 

1.83 

1.74 

2.24 

.06 

.31 

.43 

.54 

7.48 

9.13 

.45 

6.93 

3.28 

100.00 



100.00 



SEABOARD AIR LINE RAILWAY. 



DESCRIPTION OF EQUIPMENT. 



Item. 



Locomotives— Owned and Leased 

Passenger 

Freight 

Switching 

Total locomotives in service-— 

Less locomotives leased 

Total locomotives owned 

Cars— Owned and Leased — 
In Passenger Service— 

First-class cars 

Second-class cars 

Combination cars 

Dining cars 

Parlor cars 

Baggage, express and postal cars- 
Total 

In Freight Service- 
Box cars 

Flat cars 

Stock cars 

Coal cars 

Total 

In Company's Service — 

Officers' and pay cars 

Gravel cars 

Derrick cars 

Caboose cars 

Other road cars 

Total 

Total cars in service 

Less cars leased 

Total cars owned 



Number 
Added 

During 
Year. 



30 



10 



25 



605 



25 
500 



1,130 



Total 

Number 

at End of 

Year. 



101 

202 
55 



108 



Equipment Fitted with- 



Train Brake. 



Number. 



250 



302 



5,939 

2,608 

87 

1,217 



,851 



13 
173 



1,159 
1,145 



727 
10,880 
7,163 



14 



3,717 



101 
202 

55 



358 
108 
250 



70 

72 

73 

9 

2 

76 

302 



5,850 
2,421 



1,209 



9,566 



13 

155 
377 



10,458 
7,163 



3,295 



Name. 



Westingho'se 

____do 

.do 



do 
-do 
-do 

do 
-do 
-do 

-do 
-do 
-do 
-do 

do 
-do 

do 
-do 

do 



Automatic 
Coupler. 



Number. 



101 
202 

55 



358 
108 
250 



70 

72 

73 

9 

2 

76 

302 



5,939 

2,608 

87 

1,217 



9,851 



13 
173 



727 



10,880 
7,163 



3,717 



Corp. 2- 



■12 



178 



N. C. CORPORATION COMMISSION. 



TAXES AND ASSESSMENTS OF ALL KINDS. 
A. FOR REPORTING COMPANY'S OWNED AND PROPRIETARY LINES. 





Ad 

Valorem 

Tax. 


Specific Tax. 




State or Territory. 


£ ° 

!> 4) 

+* a u 

C rt 4) 
O 


is 

. s 

CO CO o> 
to 6JT3 

g,s> 

o 


On Traffic, or some 
Physical Quality of 
Property Operated, 
or on Privilege. 


Total. 




$ 51,742.75 
117,189.22 

70, 129. 20 
112, 687. 36 

13,125.53 
141,402.84 


$ 8,215.47 


3,082.85 


$ 59,958.22 

120,272.07 

70,179.20 














112,687.36 




205.91 




13,331.44 






141,402.84 










Total - - - -- 


506,326.90 


8,421.38 


3,082.85 


517,831.13 





SEABOARD AIR LINE RAILWAY. 



179 



MILEAGE. 

B. MILEAGE OF LINE OPERATED BY STATES. 





Line Represented 
by Capital Stock. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 

Contract, 

etc. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 
Mileage 
Operated 


Rails. 


State. 


Main 
Line. 


Branches 
and 

Spurs. 


Iron. 


Steel. 




157. 50 
620. 57 
340.88 
585.84 
81.60 
746.31 










157. 50 
625.51 
340.88 
651.49 
81.60 
753. 99 


17.47 
13.42 


157.50 




2.54 




2.40 




608.04 








340.88 


Georgia 


5.00 


57.65 




3.00 


648. 49 




81 60 




7-68 








740 57 












Total mileage oper- 
ated 


2,532.70 


15-22 


' 57.65 


2.40 


3.00 


2,610.97 


30.89 


2,577-08 



C. MILEAGE OF LINE OWNED BY STATES. 





Line Represented 
by Capital Stock. 


Total 
Mileage 
Owned. 


Rails. 


State. 


Main 
Line. 


Branches 

and 

Spurs. 


Iron. 


Steel. 




157.50 
620,57 
340.88 
585.84 
81.60 
*748.31 




157. 50 
623. 11 
340.88 
590.84 
81.60 
760.32 




157 50 




2.54 


17.47 


605 64 




340 88 




5.00 




590 84 






81 60 




12.01 


13.42 


746. 90 








2,534.70 


19.55 


2,554.25 


30.89 


2,523.36 





"Includes Turkey Creek Spur from Turkey Creek to Durant=4. 33 miles, and 2. 00 miles of Amelia 
Beach Line, which are leased. 



180 



N. C. CORPORATION COMMISSION". 



SOUTHERN RAILWAY COMPANY. 



OFFICERS. 



Title. 



President 

First Vice-President 

Second Vice-President 

Third Vice-President 

Fourth Vice-President 

Fifth Vice-President 

Assistant to the President — 

Secretary 

Treasurer 

General Counsel at New York 

General Counsel at Washington 

General Counsel at Louisville 

General Solicitor 

Comptroller 

Auditor 

Assistant Auditor 

General Manager 

Assistant General Manager 

General Superintendent 

General Superintendent 

Assistant General Superintendent 
Assistant General Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent -— 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 



Name. 



Location of Office. 



Samuel Spencer New York. 

A. B. Andrews ._ Raleigh, N. C. 

i i- : - Washington, D. C. 

J. M. Culp Washington, D. C. 

C. H. Ackert - Washington, D. C. 

T. C. Powell 1 St. Louis, Mo. 

Fairfax Harrison Washington, D. C. 

R. D. Lankford New York. 

H. C. Ansley ! Washington, D. C. 

Francis L. Stetson New York. 

Alfred P. Thorn Washington, D. C. 



Alex. P. Humphrey ] Louisville, Ky. 

W. A. Henderson Washington, D. C. 

A. H. Plant \ Washington, D. C. 



E. H. Kemper— 

C. B. Hayes 

H. B. Spencer — 

R. A. Dugan 

C. S. McManus -- 
C. P. Cooper 

E. H. Coapman - 
W. N. Foreacre - 

C. S. Lake 

W. S. Andrews -- 
P. L. McManus - 

W. T. West 

A. Gordon Jones- 
H. A. Williams- 

W. L. Pierce 

J. A. Heether --- 

A. Ramseur 

G. R. Loyall 

H. E. Hutchens - 

F. J. Egan 

W. M. Deuel 

J. H. Stanfield - 
W. H. Gatchell - 



Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
St. Louis, Mo. 
Greensboro, N. C. 
Birmingham, Ala. 
Alexandria, Va. 
Greensboro, N. C. 
Charlotte, N. C. 
Richmond, Va. 
Pinner's Point, Va. 
Columbia, S. C. 
Jacksonville, Fla. 
Charleston, S. C. 
Asheville, N. C. 
Knoxville, Tenn. 
Memphis, Tenn. 
Atlanta, Ga. 
Birmingham, Ala. 
Selma, Ala. 
Nashville, Tenn. 



SOUTHERN RAILWAY COMPANY. 



181 



OFFICERS-Continued. 



Title. 


Name. 


Location of Office. 




C. C. Coffee 






B. C. Milner - 






W P Hood 




Superintendent of Telegraph 


C P Adams - - 










S H Hardwick 


Washington, D. C. 




W H Tayloe 












G B Allen 


















R L Mc Keller 


Louisville, Ky. 




G R Browder - — 




W H Paxton 










Assistant General Freight Agent 


R A Campbell 










J H Drake 








Memphis, Tenn. 




Randall Clifton 




E H Shaw 


Birmingham, Ala. 




H L Miller 










M V Richards 


Washington, D. C. 
Washington, D. C. 
Washington, D. C. 


Chief Engineer of M. of W. and S 


D W Lum 


W H Wells 







DIRECTORS. 

Samuel Spencer, New York, N. Y.; H. C. Fahnestock, New York, N. Y.; W. W. Finley, Wash- 
ington, D. O; Chas. Steele, New York, N. Y.; A. B. Andrews, Raleigh, N. O; Joseph Bryan, Rich- 
mond, Va.; S. M. Inman, Atlanta, Ga.; R. M. Galloway, New York, N. Y.; Adrian Iselin, Jr., New 
York, N. Y; Charles Lanier, New York, N. Y; E. D. Randolph, New York, N. Y.; Jas. T. Wood- 
ward, New York, N. Y. 



182 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED (OWNED LINES)-State of North Carolina. 

MAIN LINE. 



Terminals. 



From— 



Southern Railway Company 

State Line, Virginia 

Charlotte, N. C 

Salisbury, N. C 

Asheville, N. C 



To- 



. Miles of 
i Line for 
Each Road 
Named. 



Greensboro, N. C 42.70 

S. C. State Line 1 11.50 

Asheville, N. C j 141.00 

Tennessee State Line 44.50 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



239.70 



BRANCH LINES. 



Southern Railway Company- 








Virginia State Line 


Durham, N. C. 


48.00 




Oxford, N. C 


Henderson, N. C 


12.75 






Wilkesboro N C 


100 15 




Charlotte N C -- - 


Taylorsville N C - - - - 


65 65 






Murphy, N. C 


122.40 






348.95 












588 65 









TRACKAGE RIGHTS. 



Wilmington and Weldon Railroad— 








Selma, N. C 


Tarboro, N. C 


54.88 




Norfolk and Carolina Railroad— 








Tarboro N C 




65. 80 








120.68 






Total 


709 33 









SOUTHEKN RAILWAY COMPANY. 



183 



PROPERTY OPERATED-Entire Line. 

Railroad Lines Represented by Capital Stock and Proprietary Companies, 
Controlled by Ownership of Securities. 

main LINE. 



Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


From— 


To- 


Each Class 
of Roads 
Named. 






278.02 
179.00 
190.49 
143. 52 
231.37 
241.55 
271.80 
409.00 
260.70 
179. 10 
270.60 
83.47 
264. 99 










Charlotte N C 












Salisbury, N. C 

Bristol Tenn 












Memphis, Tenn 








Austell, Ga 


State Line, Miss. 






York, Ala. — 




Louisville, Ky 

East St. Louis, 111 


Lexington, Ky 

New Albany, Ind. 




Total- - - 




3, 003. 61 









BRANCH LINES. 



Tuscumbia, Ala. 

Moscow, Tenn 

Percy Branch, Stoneville, Miss 

Webb Branch, Itta Bena, Miss 

Alexandria, Va. 

Union Street Branch 

Manassas Branch, Manassas Jet., Va. 
Warrenton Branch, Calverton, Va. — 
Pittsville Branch, Franklin Jet., Va. - 

Manchester Junction, Va. 

Belle Isle Junction, Va 

Granite, Va. 

Clarksville, Va. 

Oxford, N. C 

Pomona, N. C. 

Asheville, N. C 

Charlotte, N. C 



Sweetwater, Ala. 

Somerville, Tenn 

Percy, Miss 

Webbs, Miss 

Bluemont, Va 

Alexandria, Va. 

Harrisonburg, Va 

Warrenton, Va. 

Pittsville, Va 

Rocketts, Va 

Belle Isle, Va 

Westham Granite Quarry, Va. 

Durham, N. C. 

Henderson, N. C 

Wilkesboro, N. C. 

Murphy Junction, N. C 

Taylorsville, N. C 



8.30 

13.10 

23.20 

34.60 

54.55 

2.74 

112.89 

8.90 

7.10 

1.00 

.70 

.31 

55.10 

12.75 

100.15 

122. 40 

65.65 



184 



BT. C. CORPORATION COMMISSION. 



PROPERTY OPERATED-Entire Line-Continued. 



Terminals. 



From— 



To- 



Miles of 

Line for 

Each Road 

Named. 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



Hodges, S. C. 

Aiken, S. C 

Embreeville Junction, Tenn. 

Bull's Gap, Tenn 

Clinton, Tenn 

Knoxville, Tenn 

Knoxville, Tenn., Belt 

Bennett's Fork Branch Spurs 

Ore Bed Spur, Ore Bed Junct'n, Tenn.. 

Knoxville, Tenn 

New River Branch, Coal Creek, Tenn. 

La Follette Junction, Tenn 

Morristown, Tenn 

Knoxville, Tenn 

South Knoxville Spurs 

Briceville "Y," Tenn 

Oliver Springs, Tenn 

Rector Coal Co. Spur 

Cleveland, Tenn 

North Rome, Ga 

Atlanta, Ga. 

Howell, Ga 

Cochran, Ga 

Dock Junction, Ga. 

Villa Rica, Ga 



Abbeville, S. C 

Edgefield, S. C 

Embreeville, Tenn 

Rogersville, Tenn 

Harriman Junction, Tenn. 

Cumberland Gap Junction, Tenn. 



Marion Junction, Ala. — 

Wilton, Ala. 

Gurnee Junction, Ala. — 

Woodlawn, Ala 

North Birmingham, Ala. 

Coalburg, Ala 

Cardiff, Ala 

Jefferson, Ala 

Offerman, Ala. 

America Junction, Ala. - 

Oakman, Ala 

Patton Junction, Ala 



Watt's Ore Mines, Tenn. 

Jellico, Tenn 

Cambria, Tenn 

Vasper, Tenn 

Corryton, Tenn. 

Walland, Tenn 



Minersville, Tenn 

Big Mountain, Tenn. 



Cohutta, Ga. 

Attalla, Ala. 

Fort Valley, Ga 

Armour, Ga 

Hawkinsville, Ga. 

Turtle River Docks, Brunswick, Ga. 

Mines of Virginia-Carolina Chemi- 
cal Co 



Akron, Ala. 

Mobile Junction, Ala. 

Blocton, Ala. 

End Belt Road, Bessemer, Ala. 

Coalburg, Ala 

Mines 9 and D, Ala. 

Brazil Mines, Ala.- 

Blossburg, Ala. 

Hooper Mines, Ala 

America, Ala. 

Coal Valley, Ala 

Patton, Ala. 



11.58 

23.57 

13.00 

16.00 

30.44 

65.56 

5.37 

1.42 

3.40 

65.30 

4.02 

11.30 

39.60 

26.21 

1.76 

4.94 

3.26 

1.34 

14.80 

61.30 

102.30 

3.30 

10.10 

1.80 

2.92 

53.00 

34.00 

14.30 

20.50 

6.40 

2.60 

1.60 

1.91 

.60 

2.20 

2.20 

1.10 



SOUTHERN" RAILWAY COMPANY. 



185 



PROPERTY OPERATED-Entire Line-Continued. 



Terminals. 



From- 



To— 



Miles of 

Line for 

Each Road 

Named. 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



Corona, Ala. -- 
Littleton, Ala. 



No. 3 Mines, Ala. 



Coal Mines of Sloss, Sheffield S. 
I. Co 



Horse Creek Spur 

Tenn. C. I. and R. R. Co 

Atlas Coal Co. Spur 

Spring Garden, Ala. 

Lulu, Ga. 

Cave Springs, Ga 

North Augusta, S. C, Branch 

Ardella, Ala 

Seymour, Ala 

Branch Oliver Springs, Tenn. 

Cedar Bluff, Ala., Spur 

Badham Spur 

Mobile Junction, cut off 

Passenger Station, Columbus, Miss. 
Pinner's Point, Va 



Near M. P. 846 

Henry Ellen Spur 

Near Oakman, Ala. 

Mines of Ala. and Ga. Iron Co. 

Athens, Ga. 

Lopez, Ga 



Hansell, Ala 

End of track Piper Spur 

Mines 



Connection with Atlantic Coast 
Line Railroad 



Lawrenceburg, Ky. 
Norton, Ky 

Versailles, Ky 



Lexington, Ky.-- 

Burgin, Ky 

Georgetown, Ky. 



Venice and Carondelet Belt, East St. 
Louis, 111 



Belleville Junction, 111. . 

Jasper, Ind 

Rockport Junction, Ind. 
Lincoln City, Ind 



Belleville, 111.-- 
Evansville, Ind. 
Rockport, Ind.- 
Cannelton, Ind. 



From connections with Chicago and 
Alton Railway 



North Incline Termini- 



.90 



.70 
1.02 
2.39 
4.49 
38.93 
5.23 
1.65 
2.90 
3.91 
2.44 
5.06 
3.83 
3.28 

.65 

.66 

23.72 

3.82 

16.74 

6.86 

1.14 

54.22 

16.15 

22.72 

2.40 



Total. 



1,517.71 



Controlled by Ownership of Securities, 
leased. 



Southern Railway— Carolina Division 

Cayce, S. C 

Perry, S. C 

Charleston, S. C 

Branchville, S. C 



Hardeeville, S. C 

Sievern, S. C 

Augusta, Ga 

Columbia, S- C- 



128.63 

7.64 

136. 92 

66.30 



186 



H". C. CORPORATION COMMISSION. 



PROPERTY OPERATED-Entire Line-Continued. 



Terminals. 



From- 



To— 



Miles of 

Line for 

Each Road 

Named. 



Miles of 

Line for 

Each Class 

of Roads 

Named. 



Southern Railway— Carolina Division- 
Continued. 



Kingville, S. C. 

Blacksburg, S. C 

Burton Branch, S. C. 

Taylor's Mill Branch, S. C 

Biltmore, N. C 

Spartanburg, S. C 

Sumter Junction, S. C. 

Hendersonville, N. C 

Mobile and Birmingham Railroad — 

Marion Junction, Ala. 

Richmond and Mecklenburg Railroad - 

Keysville, Va 

Georgia Midland Railway— 

McDonough, Ga 

Total 



Marion, N. C- 
Gaffney, S. C. 



Spartanburg Junction, S. C. 

Alston, S. C 

Sumter, S. C 

LakeToxaway, N. C 



Mobile, Ala,, and Branch - 



Clarksville, Va.- 



Columbus, Ga. 



208.50 
10.50 
4.60 
1.00 
65.90 
67.93 
15.81 
41.70 



97.88 



755.43 
150.35 

31.30 
1,034.96 



Not Leased. 



State University Railroad— 










Chapel Hill N C - 




10.20 


North Carolina Midland Railroad — 








Mooresville, N. C 


Winston-Salem, N. C 




53.52 


High Point, Randleman, Ashboro and 
Southern Railroad — 








High Point, N. C i 

Yadkin Railroad — 


Ashboro N C - - 




26 80 








Salisbury, N. C. - 


Norwood, N. C 


41.00 




Union Copper Mines Branch, N. C. 




2.70 






43.70 


Elberton Air Line Railroad— 










50.60 


Sievern and Knoxville Railroad— 








Batesburg S C - 


Sievern S C -- -- - - 




17.44 


Atlantic and Yadkin Railway— 








Sanford N C 


Mt. Airy.N. C 

Ramseur, N. C 


130 95 




Ramseur Branch— Climax, N. C. -- 


18.74 




Madison Branch— Stokesdale, N. C. 


Madison, N. C. 


11.39 




Furnace Branch— Greensboro, N. C. 


Proximity Mills, N. C 


2.02 




Granite Quarry Branch — Mt. Airy, 
N. C. — -- - 


Granite Quarry, N. C 


2.02 






165. 12 



SOUTHERN RAILWAY COMPANY. 



18' 



PROPERTY OPERATED-Entire Line-Continued. 



Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


From— 


To- 


Each Class 
of Roads 
Named. 


Ensley Southern Railway— 

Ensley, Ala. 




19.22 
9.24 

.80 




Near Little Warrior River, Ala 




Tutwiler Coal, Coke and Iron Co., 






Bay St. Freight Depot, Jackson- 
ville Fla 


29.36 


St. Johns River Terminal Co.—* 


6.06 
5.68 




5 99 


Cumberland Railway— 


Point on Main Stream Clear Fork — 


10 58 


Delta Southern Railway- 






Delta City Miss - - -- 


11 74 








Total 




425 22 











Lines Operated Under Lease for Specified Sum. 



North Carolina Railroad— 

Goldsboro 

Caraleigh Junction, N. C 

Atlanta and Charlotte Air Line- 
Charlotte, N. C 

Franklin and Pittsylvania Railroad - 
Pittsville, Va 

Atlantic and Danville Railway— 

Danville, Va. 

James River Junction, Va. 

Hitchcock Branch Junction, Va. 

Buffalo Junction, Va 

Shoulders Hill, Va 

North and South Carolina Railroad- 
Virgilina, Va 

Lockhart Railroad— 

Lockhart Junction, S. C 

The Whitney Company- 
Near New London 

Wooldridge Jellico Coal Company- 
Spur near Newcomb, Tenn 

Total 



Charlotte, N. C 

Caraleigh Mills, N. C. 



Armour, Ga. 



Rocky Mount, Va. 



West Norfolk, Va. 

Claremont Wharf , Va. (N. G.)- 

Hitchcock Mills, Va. 

Buffalo Lithia Springs, Va. 

Shops, Va 



Mines, N. C. - 



Lockhart, S. C. 



Hall's Mill Ferry, N. C. 



263.25 

29.90 

205. 10 
50.36 

8.33 
3.90 
8.66 

4.45 

13.81 

6.20 

1.75 



820.05 



188 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED-Entire Line-Continued. 

Lines Operated Under Contract, or where the Rent is Contingent Upon 
Earnings or Other Considerations. 



Terminals. 



From- 



Roswell Railroad— 

Chamblee, Ga. 

Morgan's Fall Branch, Ga. 

Tennessee Central Railroad— 

Nashville, Tenn 

Carthage Junction, Tenn. 

Wilder Branch 

Isoline Branch 

Ozone Branch 

Millstone Branch 

Total 



To- 



Roswell, Ga. 



Harriman, Tenn. 
Carthage 






9.80 
2.75 



164.03 

7.57 
21.53 
8.88 
2.48 
1.75 



12.55 



206.24 



218. 79 



Lines Operated Under Trackage Rights. 



Atlanta Terminal Co.— 








Entrance Terminal Station, At- 






50 


Baltimore and Ohio Railroad- 








Entrance to Passenger Station, 






50 


Baltimore and Potomac Railroad- 














2.05 


Washington Southern Railroad- 








South End Long Bridge, Va. 

Central of Georgia Railway— 






5.51 












3.37 






Fort Valley, Ga 


2.01 


5.38 


Augusta and Summerville Railroad— 




Entrance to Union Depot, Au- 






.49 


Georgia Railroad— 








Entrance to Union Depot, Au- 






.25 


Western and Atlantic Railroad— 








W. & A. Crossing, Ga. 


Dalton, Ga 




.20 



SOUTHERN RAILWAY COMPANY. 



189 



PROPERTY OPERATED-Entire Line-Continued. 



Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


From— 


To— 


Each Class 
of Roads 
Named. 


Alabama Great Southern Railroad— 












3 44 




Woodlawn, Ala 


Birmingham, Ala 


3.60 




Birmingham, Ala. 

York Ala 




14-97 






27 16 




Central Passenger Station 


Louisa St., Chattanooga, Tenn 


.40 


49.57 


Louisville and Nashville Railroad — 




Entrance to Union Depot, Bir- 




52 




L. & N. Junction to Union Depot, 




.20 




Cumberland Gap, Tenn. 

Lipscomb Street -— — 




4 41 




Passenger Station, Mobile, Ala 


.75 




Middlesborough Belt and Bennett's 




9 81 




L. & N. Switch Point, Halsey 
Branch, North of Jellico Yard — 


Hyde, Tenn 


9.22 


24.91 


Atlantic Coast Line Railroad— 






Tarboro N C - — _.-___ 


99 50 




Tarboro N C 


Selma N C 


54 88 




Hardeeville S C - -- 




16 70 








3 10 






Jacksonville Terminal Co., prop- 


152. 08 

72 








Entrance to Savannah Union 








End Double Track - - 


.09 








327.07 


Nashville, Chattanooga and St. Louis 
Railway— 








38 00 




Jacksonville Terminal Co. — 








Entrance to Depot at Jackson- 
ville Fla 




1 47 




Savannah Union Station Co.— 










Union Depot, Savannah, Ga 


4 48 




St. Louis Terminal Railroad Associa- 
tion — 






East St. Louis, 111. 




3.18 




East St. Louis and Cairo Railroad — 








Broadway, East St. Louis, 111 


10 




Jacksonville and St. Louis Railway- 






Through Centralia, 111 




1.80 





190 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED-Entire Line-Continued. 



Terminals. 



From— 



To- 



Miles of 
I Line for 
I Each Road 

Named. 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



Baltimore and Ohio Southwestern 
Railroad— 



New Albany, Ind 

Chicago and Alton Railway— 

Trackage near East St. Louis, 111.- 
Illinois Central Railroad— 

11th Street 



Entrance to Calhoun Street Sta- 
tion, Memphis, Tenn. 



7th St. Station, Louisville, Ky. . 50 
.33 



Kentucky and Indiana Bridge and 
Railroad Co.— 

Vincennes St., New Albany, Ind.—. 

Louisville, Ky 

Nashville Terminal Co.— 

Entrance to Station, Nashville, 
Tenn 



11th St., Louisville, Ky 3.00 

6.90 



Cincinnati, New Orleans and Texas 
Pacific Railway Co.— 

Cincinnati Junction, Ky. 



Danville, Ky. 



Total mileage operated 



.06 



.70 



13.68 



7, 515. 85 



* The mileage 5. 99 of the St. Johns River Terminal Company is shown here as controlled by 
ownership of securities, but this company operates its own property, and is so shown in separate 
report filed with the Commissioners. 



SOUTHERN RAILWAY COMPANY. 



191 



CAPITAL STOCK. 





Number 
of Shares 
Author- 
ized. 


Par 
Value of 
Shares. 


Total 
Par Value 
Authorized. 


Total 
Amount 
Issued and 
Outstand- 
ing. 


Dividends Declared 
During Year. 


Description. 


Rate 

Per 

Cent. 


Amount. 


Capital Stock— Common ) 

Preferred — J 


3,500,000 


$ 100.00 
100.00 


$350,000,000 


$120,000,000 
60,000,000 


5 


$ 

3,000,000 


Total - - 


3,500,000 




350,000,000 


180,000,000 




3,000,000 







Manner of Payment for Capital Stock. 



Issued for reorganization— Common 

Preferred 

Issued for acquisition of stock of Alabama Great Southern Railway Co.— preferred 

Issued for purchase of Memphis and Charleston property— preferred 

Issued for purchase of stock of South Carolina and Georgia R. R.— preferred 

Total 



Total 
Number 
Shares 
Issued and 
Outstand- 
ing. 



1,200,000 

500,000 

43,000 

29,904 

27, 096 



1,800,000 



192 



N. C. CORPORATION COMMISSION. 



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SOUTHERN RAILWAY COMPANY. 



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194 



N. C. CORPORATION COMMISSION. 



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SOUTHERN RAILWAY COMPANY. 



19, 



RECAPITULATION OF FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


Interest. 


Class of Debt. 


Amount 

Accrued 

During 

Year. 


Amount 
Paid 

During 
Year. 


Mortgage bonds $178,433,500.00 


$175,631,900.00 

1,750,000.00 

24,033,216.05 


$ 7,504,448.11 
9 916 67 


$ 7,485,034.99 


Equipment trust obligations 

Total 


32,366,137.60 


590,884.78 


555, 608. 51 


212, 549, 637. 60 


201,415,116.05 


8,105,249.56 


8,040,643.50 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS 
Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets (excluding materials and supplies) *— 

Total— cash and current assets 

Total 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid 

Rents due July 1 

Total— current liabilities 

Balance— cash assets 

Total 

* Materials and supplies on hand, $7,361,211.97. 



$ 5,473,478.36 

44, 982. 28 

1,475,935.99 

1,467,897.15 

454,395.29 

4,491,000.00 

13,407,689.07 



13,407,689.07 



2,260,714.29 
4,103,625.17 
2,026,619.41 
2,433,547.77 
243,261.55 
11,067,768.19 
2, 339, 920. 88 



13,407,689.07 



196 



K". C. CORPORATION COMMISSION. 



RECAPITULATION. 
A. FOR MILEAGE OWNED. 



Account. 


Total Amount 
Outstanding. 


Apportionment 
to Railroads. 


Amount Per Mile 
of Line. 


Miles. 


Amount. 




$180,000,000.00 
177,381,900.00 
24,033,216.05 


$180,000,000.00 
177,381,900.00 
24,033,216.05 


4, 989. 55 
4,989.55 
4,989.55 


$ 36,075.00 
35,550.00 
4,817.00 


Bonds , 






381,415,116.05 


381,415,116.05 


4,989.55 


76,442.00 





FOR MILEAGE OPERATED (Trackage Rights Excluded), THE OPERATIONS OF 
WHICH ARE INCLUDED IN THE INCOME ACCOUNT. 



Name of Road. 


Capital 
Stock. 


Funded 
Debt. 


Total. 


Amount Per Mile 
of Line. 




Miles. 


Amount. 


Southern Railway Co. 

Southern Railway — Car. Div. 
Mobile and Birmingham 


$180,000,000.00 
4,521,200.00 
1,800,000.00 

357,900.00 
1,000,000.00 
4,000,000.00 
1,700,000.00 

200,000.00 

3,420,480.00 

75,000.00 


$175,631,900.00 

11,793,500.00 

1,800,000.00 

315,000.00 

1,650,000.00 


$355,631,900.00 
16,314,700.00 
3,600,000.00 

672,900.00 
2,650,000.00 
4,000,000.00 
7,200,000.00 

300,000.00 
8,120,480.00 

210,000.00 


4, 940. 55 

755.43 

150.35 

31.30 

97.88 

224.34 

263.25 

29.90 

280.80 

12.55 

13.81 

6.20 

1.75 

206.24 


$ 71,982.00 
40, 440. 00 
23,944.00 


Richmond and Mecklenburg 
Railroad 

Georgia Midland Railway — 


21,498.00 
27,074.00 
17, 830. 00 


Atlanta and Charlotte Air 


5,500,000.00 
100,000.00 

4,700,000.00 
135,000.00 


27, 350. 00 


Franklin and Pittsylvania 


10,033.00 


Atlantic and Danville Rail- 
way 


28,919.00 
16, 733. 00 
















The Wooldridge- Jellico Coal 
Co 










Tennessee Central Railroad 
Co 






















197,074,580.00 


201,625,400.00 


398, 699, 980. 00 


7,014.35 


56,841.00 







SOUTHERN RAILWAY COMPANY. 



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H". C. CORPORATION COMMISSION. 



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200 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dividends on stocks owned — 

Interest on bonds owned 

Miscellaneous income 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Rents paid for lease of road 

Taxes 

Permanent improvement 

Other deductions 

Total deductions from income-— 

Net income '- 

Dividends 5 per cent., preferred stock- 
Total 



$53,629,818.96 
38,262,482.24 



886,725.92 
954,858.46 
77,465.67 



8,105,249.56 
1,557,588.48 
1,499,037.09 
249,827.10 
1,645,445.67 



5,000,000.00 



Surplus from operations of year ending June 30, 1906 

Surplus on June 30, 1905 (from "General Balance Sheet," 1905 
Report) 



Deductions for year 

Surplus on June 30, 1906 (for entry on " General Balance Sheet ") 



$ 15,367,336.72 



1,919,050.05 



17,'- 



3.77 



13,057,147.90 



4,229,238.87 



7,293,133. 



.00 



,341,744.26 



SOUTHERN" RAILWAY COMPANY. 



201 



EARNINGS FROM OPERATION— State of North Carolina. 



Item. 



Total 
Receipts. 



Deductions, 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Other repayments 

Excess fares refunded 

Total deductions 

Total passenger revenue 

Mail—- 

Express 

Extra baggage and storage 

Other items, news privilege 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings- 
Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment — balance 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 



$ 1,115,796.13 



112.54 



3,112.54 



$ 1,112,683.59 

145,317.90 

93, 576. 10 

14,446.90 

2,211.48 



1,368,235.97 



4,341,351.71 



77,964.24 



77,964.24 



Total gross earnings from operation— North 
Carolina 



Total gross earnings from operation— entire 
line 



4,263,387.47 
4,263,387.47 



5,631,623.44 

2,075.45 
5,329.94 
1,654.23 
3,075.74 
7,323.88 



19, 459. 24 



5,651,082.68 
53, 629, 818. 96 



202 



N. C. CORPORATION COMMISSION. 



STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 



Total Par 
Value. 



Income or 
Dividend 
Received. 



Valuation. 



Alabama Great Southern R. R. Co., preferred $ 1,725,000.00 

Alabama Great Southern R. R. Co., ordinary ; 4,605,550.00 

Southern Ry. Co., in Kentucky 1,000,000.00 

Atlantic & Yadkin Ry. Co 1,000,000.00 

Ore Belt R. R. Co. 30,700.00 

Central Transfer Railway and Storage Co 25,000.00 

Danville & Western Ry. Co. 366,600.00 

Danville, Mocksville & Southwestern R. R. Co 50,200.00 

Elberton Air Line R. R. Co 94,000:00 

Georgia Midland Ry. Co 1,000,000-00 

HartwellRy. Co 20,000-00 

High Point, Randleman, Ashboro & Southern R. R. Co. 212, 600 - 00 

Lawrenceville Branch R. R. Co 75-00 

Mobile & Birmingham R. R. Co., common 890,400-00 

Mobile & Birmingham R. R. Co., preferred 20,500-00 

North Carolina Midland R. R. Co. 767,400-00 

Northern Alabama Ry. Co 1,519,200-00 

Richmond & Mecklenburg R. R. Co. 300,000-00 

State University R. R. Co 16,800-00 

Southern Ry. Co., in Illinois 3,000,000-00 

Yadkin R. R. Co 465,000-00 

Southern Ry.-Carolina Division j 4,176,800-00 

Sievern & Knoxville Ry. Co 140,000-00 

Ensley Southern Ry. Co 200,000.00 

Mobile & Ohio R. R. Co 5,672,600-00 

Blue Ridge Ry. Co I 100,000-00 

Virginia Seaboard & Western R. R. Co | 100,000-00 

Birmingham Southern R. R., preferred 1 300,000.00 

Birmingham Southern R. R., common 300,000.00 

Georgia Southern & Florida Ry. Co., first preferred-! 177,700-00 

Georgia Southern & Florida Ry. Co., second preferred 319, 000- 00 

Georgia Southern & Florida Ry. Co., common 1, 693, 000-00 

Atlantic Coast Line, certificates of indebtedness ' 1,025,000-00 

Atlantic Coast Line, common stock 550,000-00 

Atlantic Coast Line, common debenture four percent.*! 

Richmond-Washington Line 445,000.00 

Chicago, Indianapolis & Louisville, preferred 1,936,700-00 

Chicago, Indianapolis & Louisville, common 4,903,450-00 



$ 79,635-05 



1,000-00 



500-00 



820. 00 



283,558-00 
6,000-00 



32,760.66 



8,885.00 
12,760.00 



41,000-00 

27,500.00 

416.00 

17,800-00 

224, 571- 50 



SOUTHERN RAILWAY COMPANY. 



20; 



STOCKS OWNED-Continued. 
A. RAILWAY STOCKS-Continued. 



Name. 



Total Par 
Value. 



Copper Range-Southern Ry. Co. $ 

Johnson City-Southern Ry. Co ! 

Cumberland Ry. Co. j 

St. Johns River Terminal Co 

Tennessee & Carolina Southern Ry. Co. 

Carolina & Tennessee Southern Ry. Co. 

Middlesborough Mineral Ry. Co. 

Roswell Ry. Co. 

Southern Ry. Co., of Indiana 

Nor. Alabama Ry. Co., certificates of indebtedness- 
Nor. Carolina Midland R. R., certificates of indebted - 



Yadkin R. R. Co., certificates of indebtedness- 



High Point, Randleman, Ashboro & Southern R. R. ; 
certificates of indebtedness 



North & South Carolina R. R. Co 

Augusta & Summerville R. R. 

Augusta Southern R. R., common 

Augusta Southern R. R., preferred 

Cincinnati, New Orleans & Texas Pacific Ry 

Chattanooga Terminal Ry 

Norfolk & Portsmouth Belt Line 

Raleigh & Augusta R. R 

Raleigh & Gaston R. R 

Southern Mobile & Ohio Stock Trust Certificates-— 

Transylvania R. R 

Georgia Midland Terminal Co. 

Jacksonville Terminal Co 

Charleston Terminal Co 

Savannah Union Station Co 

Columbia Union Station Co. 

Augusta Union Station Co 

Charleston Union Station Co 

Kentucky and Indiana Bridge and R. R. Co 

Atlanta Terminal Co. 

Columbia Union Station Co., certificates of indebted- 
ness 



New Orleans Terminal Co 

Terminal Railroad Association, St. Louis 



10,000.00 

71,000.00 

100,000.00 

100, 000. 00 

200,000.00 

60,000.00 

25,000.00 

37,400.00 

999,300.00 

204,222.87 

251,886.21 

573,799.81 



260, 
50. 
50, 

296. 

296, 



20, 
25. 
50. 
25, 
100, 
100, 
50. 
25, 
25 
25. 
50, 



474. 04 
000.00 
000.00 
000.00 
000. 00 
400.00 
000.00 
200.00 
200.00 
100.00 
000.00 
000. 00 
000. 00 
000. 00 
000.00 
000.00 
000. 00 
000. 00 
000.00 
000.00 
000.00 



7,282.45 

1,000,000.00 

205,800.00 



Income or 
Dividend 
Received. 



11.00 

1,800.00 



2,000.00 
50.00 



291.30 



Valuation. 



204 



N. C. CORPORATION COMMISSION. 



STOCKS OWNED-Continued. 
A. RAILWAY STOCKS-Continued. 



Name. 



Durham Union Station Co. 

Meridian Terminal Co 

Birmingham Terminal Co. 

Chattanooga Station Co., certificates of indebtedness 

Birmingham Terminal Co., certificates of indebted- 
ness 

Chattanooga Station Co 

Central Stock Yards 

Mt. Airy & Eastern R. R. Co., certificates of indebt- 
edness 

Gulf Terminal Co. 

Asheville & Craggy Mountain R. R. Co. 

Asheville & Northern R. R. Co 

Delta Southern Ry 

Knoxville & Ohio R. R 

Tallulah Falls Ry., preferred stock 

Tallulah Falls Ry., common stock 

Tallulah Falls Ry., demand notes 

Asheville Southern Ry. Co. 

Memphis-Chattanooga Ry 

Total 

* Sold during year. 



Total 
ir Value. 



8,333.33 

5,000.00 

2,500.00 

46,455.48 

66,021.02 

25, 000. 00 

1,500.00 

15,000.00 
2,500.00 
24,200.00 
29,600.00 
50,000.00 
200.00 
16,400.00 

200,000.00 
49,613.00 
60,000.00 

250,000.00 



Income 

or Dividend 

Received. 



45,393,063.21 



416. 66 



872,624.72 



Valuation. 



25,470,541.16 



SOUTHERN RAILWAY COMPANY. 



205 



STOCKS OWNED-Continued. 
B. OTHER STOCKS. 



Name. 


Total Par 
Value. 


Income 

or Dividend 

Received. 


Valuation. 




$ 400,000.00 

303,400.00 

210,000.00 

100,000.00 

12,500.00 

100,000.00 

607,356.57 

4,300.00 

4,500.00 

18,400.00 

1,750.00 

5,956.50 

16,000.00 

3,680.00 

16,600.00 

2,000.00 

1,000.00 

6,667.50 

1,000.00 

1,000.00 

50,000.00 

50,000.00 


$_ 




Chesapeake Steamship Co., certificates of indebted- 








12,600.00 








































552.00 
100.80 




East Tenn. Telegraph Co - - 
















18.40 
830.00 


















So. Car. Int. & West Ind Ex Co 




















* 














Total 


1,915,910.57 


14,101.20 


1,660,166.77 




47,308,973.78 


886,725.92 


27,130,707.93 







206 



N. C. CORPORATION COMMISSION. 



BONDS OWNED. 

A. RAILWAY BONDS. 



Name. 



Total 
Par Value. 



Rate 

Per 

Cent. 



Income 
or Interest 
Received. 



Valuation. 



Ala. Cent. R. R., income bonds and scrip- 
Danville and Western Railway Co. 

Elberton Air Line Railroad Co 



High Point, Randleman, Ashboro & South- 
ern Railroad 



North Carolina Midland Railroad Co 

Piedmont Railroad Co., first mortgage — 
Piedmont Railroad Co , second mortgage - 

Southern Railway Co. in Kentucky 

Southern Railway Co. in Mississippi 

Western North Carolina Railroad Co. 

Washington, Ohio and Western Railroad - 

Yadkin Railroad Co 

Blue Ridge Railway Co. 

Franklin and Pittsylvania Railroad Co. -- 

Hartwell Railway Co. 

Lawrenceville Branch Railroad Co. 



Southern Railway Co., Memphis Division, 
second mortgage 



Northern Alabama Railway Co., prior lien — 

Northern Alabama Railway Co., gen. lien--- 

Northern Alabama Railway Co., scrip gen- 
eral lien 



Northern Alabama Railway Co., general 
lien coupons 



Southern Railway, Carolina Div., general 
mortgage 



Memphis and Charleston Railway Co 

Mobile and Ohio Railroad Co., general mort- 
gage 



Lancaster and Chester Railway, first mort- 



Transylvania Railroad Co., first mortgage — 

Ensley Southern Railway Co., first mort- 
gage 

Roswell Railroad Co., first mortgage 



Georgia Southern and Florida Railway Co. 
regular first consolidated 



Southern Railway Co. of Indiana 



Southern Railway Co., M. & O. collateral 
mortgage 

Southern Railway Co., Aiken Branch, first 
mortgage ' 



1,355,275.00 

1,051,000.00 

150,000.00 

402,000.00 

801,000.00 

500,000.00 

500,000.00 

3,000,000.00 

200,000.00 

1,325,000.00 

225,000.00 

615,000.00 

100,000.00 

42, 000. 00 

20,000.00 

30,000.00 

1,500,000.00 

350,000.00 

1,017,000.00 

200.00 

69,025.00 

5,000,000.00 
900,000.00 

8,086,500.00 

135,000.00 
207,512.50 

725,000.00 
77, 000. 00 

2,000,000.00 
5,000,000.00 

1,000.00 

9,000.00 



5,000.00 



1,000.00 



17, 500. 00 
50,708.40 



200,000.00 



323,086.67 

6,750.00 
9,700.00 



3,099.17 
80,000.00 



40.00 
360.00 



SOUTHERN RAILWAY COMPANY. 



20' 



BONDS OWNED-Continued. 
A. RAILWAY BONDS-Continued. 



Name. 



L. & N., Southern Monon Collateral Joint- 
Pickens Railroad Co., first mortgage 



Knoxville and Ohio Railroad Co., first mort- 
gage 



Carolina and Northwestern Railway Co., 
first mortgage 



Total Par 
Value. 



Tennessee Central Railroad, prior lien 



Central Transfer Railway and Storage Co., 
first mortgage 



Central Stock Yard Co., gold mortgage 

Kentucky and Indiana Bridge and Railroad 
Co 

St. Johns River Terminal Co., first mort- j 
gage ; 



Charleston Terminal Co., first mortgage 

Durham Union Station Co., first mortgage 
and scrip 

Georgia Midland Terminal Co., first mort- 
gage bonds 

Augusta Union Station Bonds* 



43,000.00 
29,000.00 

1,000,000.00 

1,500,000.00 
2,676,000.00 

10,000.00 
10,000.00 

373,000.00 

1,000,000.00 
250,000.00 

24,489.76 

46,000.00 



Total 42,355,002.26 



Rate 

Per 

Cent. 



5 I 
4%' 



Income 
or Interest 
Received. 



1,720.00 



75,O0Q.OO 
107,040.00 

500. 00 



14,732.22 

40,000.00 
10,000.00 

1,200.00 



1,500.00 



Valuation. 



948,936.46 j $ 31,925,186-14 



* Sold during year. 



B. OTHER BONDS. 



Name. 


Total 
Par Value. 


Rate 
Per 
Cent. 


Income 
or Interest 
Received. 


Valuation. 




$ 135,000.00 
75, 000. 00 
5,000.00 
1,000.00 
2,000.00 
200.00 
5,500.00 


4 
6 
6 
6 
6 
6 
6 


$ 5,400.00 
















60.00 
120.00 

12.00 
330. 00 








Southern Mineral Land Co., bonds 










Total - 


223,700.00 


5,922.00 


$ 182,753.00 






42,578,702.26 


954,858.46 


32,107,939.14 







208 



N. C. CORPORATION COMMISSION. 



RENTALS RECEIVED. 

RENTS RECEIVED FROM LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of 
Property Leased. 


Name of Company 

Using- Property 

Leased. 


Item. . 


Total. 


1 


Durham Union Sta. — 
Boice-Buchanan I. Co. 

J. C. Hundley 

M. Henry 


$ *141.58 
317.67 
198. 11 
136.57 






Balsam 




Total 


Stovall 


$ 510.77 






Car & N W 


940 no 






N. & W *425.35 

Winston-Salem Union 
Station 1,328.81 










Total - 




1,143.46 








Grand total rents 


1,654.23 











Deduct. 



MISCELLANEOUS INCOME. 



Item. 



Net 

Miscellaneous 

Income. 



Net income from compresses and other property 

Net income from Shepherd's Ferry, Alexandria, Va 

Interest on deposit — Retreat for the Sick, Richmond, Va 
Total 



$ 48,967.34 

28,453.33 

45.00 



77, 465. 67 



SOUTHERN RAILWAY COMPANY. 



209 



OPERATING EXPENSES. 



Item. 



Maintenance of Way and Structures— 

Repairs of roadway 

Renewals of rails 

Renewals of ties 

Repairs and renewals of bridges and culverts 

Repairs "and renewals of fences, road crossings, signs and cattle-guards^ 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing 

Other expenses 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of marine equipment 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhousemen 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow and waste for locomotives 

Other supplies for locomotives 

Train service 

Train supplies and expenses 

Switchmen, flagmen and watchmen 

Telegraph expenses 

Station service 

Station supplies 

Switching charges— balance 

Car per diem and mileage— balance 

Hire of equipment— balance 

Total carried forward 

Corp. 2 14 



$ 3,858,994.57 

299,751.16 

1,168,052.20 

1,056,824.48 

69,551.62 

600,828.56 

18,416.25 

8,768.20 

13,572.62 

668.66 

7,095,428.32 



152,438.91 

5,548,345.48 

883,844.08 

5,601,576.14 

78,175.64 

148. 99 

231,452.88 

13,413.71 

56, 122. 62 



8,565,518.45 



818,890.13 
3,513,291.22 
3,886,598.28 

248, 682. 97 

134,464.32 

57,830-41 

2,391,801.34 

606,127.30 
1,182,179.09 

853,227.02 
1,916,694.99 

162,695.28 



856,103.53 



210 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES-Continued. 



Item. 



Amount. 



Conducting Transportation— Continued. 

Total brought forward 

Loss and damage 

Injuries to persons 

Clearing wrecks 

Operating marine equipment 

Advertising 

Outside agencies 

Commissions 

Stock yards and elevators 

Rents for tracks, yards and terminals 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses ! 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes ' 

Total 

Percentage of expenses to earnings— North Carolina- 



$ 16,628,585.88 

1,199,848.17 

860,335.53 

137,764.35 

5,539.03 

101,295.68 

571,248.46 

3, 507. 67 



969,190.08 
43,721.71 

309,021.78 
19,121.65 



20,849,179.99 



257,311.90 
537, 904. 97 
100,868.20 
286,670.98 
318,062.00 
102,824.58 
148,712.85 
1,752,355.48 



7,095,428.32 

8,565,518.45 

20, 849, 179. 99 

1,752,355.48 



,262,482.24 



71.35 

565,872.68 
800, 336. 48 
1,728,260.48 
169,245.75 
149,067.95 



3,412,783.34 
60.39 



SOUTHERN RAILWAY COMPANY. 



211 



RENTALS PAID. 
A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 



Georgia Midland Ry. Co. 

Atlanta and Charlotte Air Line Ry 

Charlottesville and Rapidan R. R 

North Carolina R. R. Co. 

Mobile and Birmingham R. R. Co. 

Atlantic and Danville Ry. Co 

Richmond and Mecklenburg R. R 

Athens Belt Line 

Wil. and Weldon and Norfolk and Carolina R. R. 

Atlantic Coast Line R. R. Co. 

Charleston and Savannah Ry 

Southern Railway — Carolina Division 

Nashville Terminal Co 

Tennessee Central R. R 

Total rents, "A" 



Interest 
on Bonds 
Guaran- 
teed. 



$ 49,500.00 
347,500.00 



78,000.00 



12, 600. 00 



11,666.66 
118,377.77 



617, 644. 43 



Dividends 
on Stock 
Guaran- 
teed. 



Cash. 



$ 

119,000.00 4,000.00 
14,600.00 



286,000.00 



35,904.00 



188,000.00 



1,050.00 
73,994.59 

78,487.72 

8,858.19 

130,049.55 



Total. 



154,904.00 i 785,040.05 



$ 49,500.00 

470, 500. 00 

14,600.00 

286,000.00 

113,904.00 

188,000.00 

12, 600. 00 

1,050.00 

73,994.59 

78,487.72 

8,858.19 

130,049.55 

11,666.66 

118,377.77 

1,557,588.48 



RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS, YEAR ENDING 

JUNE 30, 1906. 



Situation of Property. 



Tracks — 

Birmingham to Mobile Jet., Ala. 

York, Ala., to Meridian, Miss 

Woodlawn Jet. to Birmingham, Ala. - 
Central Jet., Ga., to Jacksonville, Fla, 

Columbia, S. C 

Hardeeville, S. C, to Central Jet., Ga. 

Selma, N. C, to Pinners Point, Va 

Augusta, Ga 

New Albany, Ind 

Lockhart, S. C. 

Central Jet. to Savannah, Ga 

Venice, 111. 

Augusta, Ga 

Mobile, Ala. 

Clifton and Converse, S. C 



Name of Company or Party 
Owning Property. 



Alabama Great Southern R. R. 
Alabama Great Southern R. R. 
Alabama Great Southern R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Augusta and Summerville R. R 

Baltimore and Ohio R. R. 

Cary, J. C. 

Central of Georgia Ry 

Chicago and Alton Ry. 

City of Augusta, Ga 

City of Mobile, Ala 

Clifton Manufacturing Co. 



Item. 



$ 13,447.08 

24,205.82 

1, 574. 88 

47,713.83 

65.32 

8,845.21 

66, 503. 63 

1,481.84 

600.00 

144. 00 

999.96 

756.08 

2, 777. 52 

25.00 

6,000.00 



212 



N. C. CORPORATION COMMISSION. 



RENTALS PAID— Continued. 
B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS-Continued. 



Situation of Property. 



Name of Company or Party 
Owning Property. 



Tracks— Continued. 

Maylene, Ala. 

Atlanta, Ga 

Winona, Miss 

Bennett's Fork Branch, Tenn. 

Cumberland Gap Tunnel Co. 

Florence, Ala 

Jellico to Hyde, Tenn. 

Middlesboro, Ky., to Cumberland Gap, Tenn 

New Decatur, Ala. 

Macon, Ga. 

Corinth, Miss. 

West Point, Miss. 

Dalton, Ga 

Stevenson, Ala., to Chattanooga, Tenn 

Augusta, Ga. 



Washington, D. O, to S. E. Potomac River 
Bridge, Va. (Pass, and Milk) 



Climax Coal Co. 

Georgia Railroad 

Holmes, W. H 

Louisville and Nashville R. R 

Louisville and Nashville R. R. 

Louisville and Nashville R. R. 

Louisville and Nashville R. R. 

Louisville and Nashville R. R. 

Louisville and Nashville R. R. 

Macon, Dublin and Savannah R. R. 

Mobile and Ohio R. R 

Mobile and Ohio R. R 

Nash., Chatta. and St. Louis Ry 

Nash., Chatta. and St. Louis Ry 

North Augusta Land Co 



Washington, D. C, to S. E. Potomac River 
Bridge, Va. (Mail) 



Pennsylvania Railroad 
Pennsylvania Railroad 



Washington, D. O, to S. E. Potomac River 
Bridge, Va. (Express) 



Lynchburg, Va. 

Selma, Ala 

Tecumseh, Ala 

St. Louis, Mo. 

Alexandria to Potomac River Bridge, Va. 

Rion to Rockton, S. C 

Total 

Yards— 

Attalla-Gadsden, Ala 

Brunswick, Ga 

Total 

Terminals— 

Akron, Ala. 

Bessemer, Ala. 

Chattanooga, Tenn. 

Meridian, Miss 

York, Ala 



Phila., Balto. and Wash. R. R 

Peters, W. E. and M. S 

Selma Street and Suburban Ry. Co. 
Tecumseh Iron Co. 

Terminal R. R. Assn. of St. Louis — 

Washington Southern Ry 

Winnsboro Granite Co. 



Alabama Great Southern R. R.- 
Atlantic Coast Line R. R 



Alabama Great Southern R. R.- 
Alabama Great Southern R. R.- 
Alabama Great Southern R. R.- 
Alabama Great Southern R. R.- 
Alabama Great Southern R. R. 



Item. 



77.35 

7,897.14. 

15.00 

18, 123. 62 

8,801.04 

269.52 

8,950.96 

23,160.22 

76.62 

60.00 

751.00 

24.75 

3, 679. 75 

60,000.00 

844.00 

70,070.37 

1,947.08 

6,371.60 

1,275.00 

12.00 

288.00 

23,723.00 

6,264.21 

847- 53 



418, 669. 93 



3,441. 



3.18 



8,350.06 

80.72 

8.20 

56,880.80 

1,513.94 

455. 45 



SOUTHERN RAILWAY COMPANY. 



213 



RENTALS PAID-Continued. 
B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS -Continued. 



Situation of Property. 



Terminals— Continued. 

Brunswick, Ga 

Goldsboro, N. C 

Jacksonville, Fla. 

Jesup, Ga 

Sanford, N. C 

Selma, N. C 

Atlanta, Ga 

Augusta, Ga 

Harrisonburg-, Va 

Mobile, Ala 

Birmingham, Ala 

Columbus, Ga 

Fort Valley, Ga 

Griffin, Ga 

Savannah, Ga 

Allendale, S. C 

Centralia, 111 

Burgin, Ky 

Chattanooga, Tenn. 

Danville, Ky 

Emory Gap, Tenn 

Georgetown, Ky 

Harriman Junction, Tenn 

Lexington, Ky 

Columbia, S. C 

Durham, N. C. 

East St. Louis, 111 

Evansville, Ind. 

Columbus and Griffin, Ga. 

Jacksonville, Fla. 

Mobile, Ala 

Memphis, Tenn. 

Jacksonville, Fla. 

Louisville, Ky. 

Anniston, Ala. 

Birmingham, Ala 

Jellico, Tenn 



Name of Company or Party 
Owning Property. 



Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlantic Coast Line R. R. 

Atlanta Terminal Co. 

Augusta Union Station Co 

Baltimore and Ohio R. R. 

Barker, P. D. 

Central of Georgia Ry. 

Central of Georgia Ry. 

Central of Georgia Ry. 

Central of Georgia Ry. 

Central of Georgia Ry. 

Charleston and West. Carolina Ry 

Chicago, Burlington and Quincy Ry 

Cin., New Orleans and Tex. Pac. Ry. Co. 
Cin., New Orleans and Tex. Pac. Ry. Co. 
Cin., New Orleans and Tex. Pac. Ry. Co. 
Cin., New Orleans and Tex. Pac. Ry. Co. 
Cin., New Orleans and Tex. Pac. Ry. Co. 
Cin., New Orleans and Tex. Pac. Ry. Co. 
Cin., New Orleans and Tex. Pac. Ry. Co. 

Columbia Union Station Co 

Durham Union Station Co 

E. St. Louis Relay Pass. Sta. Assn 

Evansville and Terre Haute R. R 

Georgia Midland Terminal Co 

Georgia Southern and Florida Ry 

Inge, Z. M. P 

Illinois Central R. R 

Jacksonville Terminal Co 

Ky. and Indiana Bridge and R. R. Co.-- 

Louisville and Nashville R. R 

Louisville and Nashville R. R 

Louisville and Nashville R. R 



Item. 



t> 2,389.77 

1,013.61 

143.22 

1,869.66 

2,111-60 

1,353.52 

115,899.95 

8,007.36 

488.47 

500. 00 

2.70 

1,846.01 

840.00 

900. 00 

13,814.97 

246. 50 

8,702.28 

5.13 

78.17 

2, 379. 87 

3.00 

360.00 

180.81 

14.96 

15,487.38 

7, 995. 84 

1,286.12 

2,700.00 

2,499.96 

3, 954. 00 

600.00 

6,327.24 

18, 780. 84 

90,152.91 

25.00 

229.91 

659.63 



214 



N. C. CORPORATION COMMISSION. 



RENTALS PAID-Continued. 
B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS-Continued. 



Situation of Property. 


Name of Company or Party 
Owning- Property. 


Item. 


Terminals— Continued. 


Louisville and' Nashville R. R 

Mobile and Ohio R R 


$ 1,200. CO 

1,913.40 

279. 67 






Mobile and Ohio R R - 




Nashville, Chattanooga and St. Louis 
Ry. - - .____..___. 






23.35 






60,830.28 






1,304.12 






8,853.04 


Washington DC 


Philadelphia, Baltimore and Washing- 
ton R R - 






12,315.11 






21,861.45 
38,557.02 








St. Louis and San Francisco R. R 

South and North Alabama R. R. 

Standard Trust Company of New York- 


281.50 




13,992.60 


Durham, N. C. 


2,036.67 
.51 




Terminal R. R. Association of St. Louis- 
Washington Southern Ry 


24,391.22 




2,100.00 






Total ______ 


542,170.09 









RECAPITULATION. 



Total rents for tracks 

Total rents for yards 

Total rents for terminals 

Grand total, rents, " B " 



$ 418,969.93 

8,350.06 

542,170.09 



969,190.08 



SOUTHERN RAILWAY COMPANY. 



215 





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216 



N. C. CORPORATION COMMISSION. 



COMPARATIVE GENERAL BALANCE SHEET-Continued. 



June 30, 1905. 



Total. 



$180,000,000.00 
5, 670, 200. 00 

170,048,944.66 

7,295,841.47 
1,026,452.07 

556,863.87 
2,644,745.52 
31,924,500.00 

78,256.52 
1,500,000-00 

107, 000. 00 
28,250.00 



2,176,612.61 



7,293,139.39 



410,362,459.84 



LIABILITIES. 



Capital stock 

Mobile and Ohio stock and trust 
certificates 



Funded debt 

Current liabilities 



Accrued interest on funded debt 
and accrued rentals, not yet pay- 
able 



Taxes accrued, not due- 
Reserve funds 



Outstanding securities of leasehold 
estates 



Sundry accounts 

Reserved for Dividends 16 and 18, 
2 Via per cent., on preferred stock, 
payable in October, 1905 and 1906 

Unpaid balance purchase-price 
N. E. R. R. of Georgia 



Unpaid balance on real estate . 

Unpaid balance Hartwell, Ind. 
branch 



Unmatured obligations, account 
new steel rail purchased 



Purchase Tenn. Cent. R. R. Co., 
prior lien bonds 



Profit and loss-— 
Grand total - 



June 30, 1906. Year Ending June 30, 1906. 



Total. 



Increase. 



$180,000,000.00 l $- 



5,670,200.00 : 

201,415,116.05 J 31,366,171.39 
11,067,768.19 3,771,926.72 



1,400,616.12 

606, 323. 81 

3,254,548.19 

32,358,500.00 
142,367.45 

1,500,000.00 

107,000.00 
14,125.00 

10,260.35 

2, 667, 250. 35 

2,750,000.00 

8,341,744.26 



451,305,819.77 



374,164.05 

49,459.94 

609,802.67 

434, 000. 00 
64, 110. 93 



490, 637. 74 

2,750,000.00 
1,048,610.87 



40, 943, 359. 



Decrease. 



14,125.00 



1,399. 



SOUTHERN RAILWAY COMPANY. 



217 



EMPLOYEES AND SALARIES-State of North Carolina. 



Class. 



Other officers 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Switch tenders, crossing tenders and watchmen-- 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (including "General Officers")— N. C— 

Total (excluding "General Officers")— N. C 

Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers")— N. C- 

Total (excluding "General Officers")— N. C. 

Total (including "General Officers") —entire 
line 



Number. 



95 
254 
659 
271 
278 
196 
446 
271 
307 
347 
222 
1,312 
242 
220 



5,818 



5,818 

95 

1,952 

979 

2,792 



Total 
Number 
of Days 
Worked. 



Total 
Yearly Com- 
pensation. 



Average 

Daily 
Compen- 
sation. 



5,818 1,764,780 



37,003 



31,056 
73,188 

145,224 
75, 904 
86,288 
58, 520 

144,264 
92,568 

102,324 

115,368 
76,980 

398,352 
62,436 
56,628 

245, 680 



1, 764, 780 



1, 764, 780 

31,056 
589, 144 
280, 847 
863, 733 



5,818 1,764,780 



11,773,413 



100,062.20 
157,375.48 
196,058.56 
374,440.72 
200,600.52 
235,013.76 
265,920.84 
288,966.92 
188, 766. 16 
239,717.48 
111,503.60 
333,056.32 
127, 729. 96 
163,711.76 
250,027.16 



3,232,951.44 



3,232,951.44 

100,062.20 

589, 125. 00 

692, 946. 32 

1, 850, 817. 92 



3,232,951.- 



3,232,951.44 



,020.16 



3.22 
2.15 
1.35 
4.93 
2.32 
4.02 
1.84 
3.12 
1.84 
2.08 
1.45 
.84 
2.05 
2.89 
1.02 
1.83 
1.83 

3.22 
1.00 
2.47 
2.14 
1.83 
1.83 



218 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning- revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road-- 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Column for 

Number 
Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, etc. 



1,303,859 
44, 370, 987 

62, 553 
34.03 



4,798,107 
440,247,017 
620, 652 
91.75 



Columns for Revenue 
and Rates. 



Dollars. 



1, 112, 683 



1,368,235 

1,928 

1 



,263,387 



4,263,387 

6,010 

2 

5,651,082 

7,966 

1 

3, 263, 715 

4,601 

1 



Cts. 



SOUTHERN RAILWAY COMPANY. 



219 



TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Item. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



Passenger Traffic— 

Number of passengers carried earning revenue J 11, 663, 550 

Number of passengers carried one mile 549,518,645 



Number of passengers carried one mile per mile of 
road 



Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue - 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



74, 521 
47.11 



23,518,071 
3,886,314,181 
527,031 
165.25 



Columns for Revenue 
and Rates. 



Dollars. 



13,259,113 
1 



16, 870, 032 

2,287 

1 



36,141,547 

1 



36, 141, 547 
4,901 

1 

53,629,818 

7,272 

1 

38,262,482 

5,188 

1 

15,367,336 

2,083 



Cts. Mills. 



53 



413 



073 



676 



340 



220 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVE ME NT- State of North Carolina. 

COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Products of Agriculture- 

Grain 

Flour 

Other mill products 



Hay 



Tobacco, leaf 

Cotton 

Fruit and vegetables 

Cotton seed 

Cotton-seed meal, cake, hulls, etc- 

Products of Animals— 

Live-stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines— 

Marble 

Anthracite coal 

Bituminous coal 



Coke- 



Ores 

Stone, sand and other like articles- 
Barytes, kaolin and talc 

Products of Forests— 

Lumber and logs 

Charcoal 

Shingles, staves and headings 

Manufactures— 

Petroleum and other oils 

Sugar and molasses 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 



Total Freight Tonnage. 



Whole Tons. 


Per Cent. 


115,772 


1.95 


100, 056 


1.68 


56,114 


.94 


27,358 


.46 


47,836 


.81 


175, 627 


2.95 


93,049 


1.57 


13,277 


.22 


48, 458 


.82 


20,055 


.34 


3,485 


.06 


47,811 


.80 


5,118 


.09 


4,989 


.08 


25,206 


.42 


6,590 


.11 


8,330 


.14 


1,672,338 


28.14 


9,553 


.16 


18,343 


.31 


226, 867 


3.82 


28,263 


.48 


1,226,695 


20.64 



19,373 

27,455 

6,152 

171,489 

11,443 



SOUTHERN RAILWAY COMPANY 



221 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina-Continued. 



Commodity. 



Manufactures— Continued. 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc. 

Wines, liquors and beers 

Household goods and furniture 

Manufactured tobacco 

Fertilizers 

Cotton factory products 

Cotton bagging and ties 

Miscellaneous— 

Other commodities not mentioned above 

Merchandise 

Total tonnage— North Carolina 

Total tonnage— entire line 



Total Freight Tonnage. 



Whole Tons. 


Per Cent. 


52,892 


.89 


52,406 


.88 


152,093 


.256 


5,780 


.10 


14,912 


.25 


12,650 


.21 


79,262 


1.33 


32,854 


.55 


183,754 


3.09 


225, 697 


3.80 


10, 374 


.17 


318,873 


5.36 


574, 109 


9.66 


5,943,887 


100.00 


23, 518, 071 


100. 00 



222 



N". C. CORPORATION COMMISSION. 



DESCRIPTION OF EQUIPMENT. 



Item. 


Number 
Added 
During 
Year. 


Total 
Number 

at End 
of Year. 


Equipment Fitted With 
Train Brake. 


Equipment 

Fitted With 

Automatic 

Coupler. 




Number. 


Name. 


Number. 


Locomotives— Owned and Leased : 


56 
83 
38 


364 
902 
163 


364 
902 
163 


Westingh'se 
-—do 

—do 

-—do 

—do 

—do 

—do 

— do 

—do 

_—do 

—do 

-—do 

— do 

—.do 

— do 


364 
902 
163 








Total locomotives in service ~ 


177 
147 


1,429 

773 


1,429 

773 


1,429 
773 




Total locomotives owned 


30 


656 


656 


656 


Cars— Owned and Leased: 
In Passenger Service— 


38 


378 
99 

238 
17 
6 

197 


378 
99 

238 
17 
6 

197 


378 
99 

238 
17 






18 
2 
3 




Parlor cars 

Baggage, express and postal cars- 


6 
197 




Total 


61 


935 


935 


935 


In Freight Service— 


5,297 

370 

17 

2,871 


25, 195 

2,609 

623 

18,617 

177 

1 


24,244 
2,321 

587 

17,738 

177 


25, 195 

2,609 

623 








18, 617 
177 








1 








—_do 

_—do 

— do-— - - 

— do 

_—do 




Total 


8,555 


47,222 


45,067 


47, 222 




In Company's Service— 


1 
6 
2 
7 
13 


19 

10 

25 

701 

1,200 


19 
10 
25 

381 
537 


19 




10 




25 




701 




1,200 




Total - 


29 


1,955 


972 


1,955 




Total cars in service 


8,645 
7,726 


50, 112 
24,360 


46,974 
24, 360 


50, 112 
24, 360 








919 


25,752 


22, 614 


25,752 





SOUTHERN RAILWAY COMPANY. 



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N. C. CORPORATION COMMISSION. 



MILEAGE Continued. 
C. MILEAGE OF LINE OWNED BY STATES. 



State or Territory. 



Virginia 

North Carolina 

South Carolina 

Georgia 

Alabama 

Mississippi 

Tennessee 

Kentucky 

Indiana 

Illinois 

Total mileage owned - 



Line Represented 
by Capital Stock. 



Main 
Line. 



Branches 
and 

Spurs. 



414. 
239. 
321. 
473. 
610. 
213. 
382. 
83. 
118. 
146. 



205.35 

348.95 

46.78 

185. 78 

223.05 

88.07 

320.79 

44.45 

93.09 

10.40 



i 1 ' 



566.71 



Total 
Mileage 
Owned. 



619. 67 
588. 65 
368.49 
658.78 
833. 70 
301.27 
703.36 
127.92 
211.37 
157.11 



4,570.32 



New Line 

Con- 
structed 
During 
Year. 



8.19 
11.74 
10.04 

7.33 



Rails. 



Iron. 



5.04 
11.14 



1.66 

.80 

2.09 



Steel. 



614.63 
577.51 
368. 49 
658.20 
832. 04 
300.47 
701.27 
127.92 
211.37 
157.11 



4,549.01 



SOUTHERN RAILWAY COMPANY. 



22; 



LINES OPERATED AND CONTROLLED BY LEASE OR OTHERWISE IN NORTH CAROLINA. 



Atlantic and Yadkin Valley Railway Co. 

Atlantic and Danville 

Atlanta and Charlotte Air Line Railway Co 

High Point, Randleman, Ashboro and Southern Railroad Co. 

North Carolina Railroad 

North Carolina Midland Railroad Co. 

North and South Carolina 

Southern Railway— Carolina Division— (A. & S. and S. C. & G. Div.) 

State University Railroad Co 

Yadkin Railroad Co. (including- Copper Mine Branch) 

Total 

For lines owned, see page 182. 



165. 12 
22.15 
43.16 
26.80 

224. 34 

53.52 

4.45 

126.90 
10.20 
43.70 



720. 34 



Corp. 2 15 



226 



1ST. C. CORPORATION COMMISSION. 



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ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 227 



ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 



OFFICERS. 



Title. 



President 

Secretary 

Treasurer 

Division Superintendent 



Name. 



Charles S. Fairchild 

W.N. Wilmer 

J. W. Platten 

P. L. McManus 



Location of Office. 



New York. 
New York. 
New York. 
Charlotte, N. C. 



DIRECTORS. 

Charles S. Fairchild, 10 West 8th Street, N. Y.; Michael Jenkins, Baltimore, Md.; Herbert L. 
Griggs, 48 Wall Street, N. Y.; John A. Middleton, 143 Liberty Street, N. Y.; Edwin Lancaster, 10 
Wall Street, N. Y.; George F. Canfield, 49 Wall Street, N. Y.; Hiram W. Sibley, 21 Exchange Street, 
Rochester, N. Y.; Frederick Cromwell, 32 Nassau Street, N. Y.; Robert L. Harrison, 59 Wall Street, 
N. Y.; B. R. McAlpine, Dakota Apartment House, N. Y.; W. M. Wilmer, 49 Wall Street, N. Y.; 
H. F. Stone, 49 Wall Street, N. Y. 



PROPERTY OPERATED-North Carolina. 



Atlanta and Charlotte Air Line Railway Company, from Charlotte, N. C, to State 
Line, South Carolina (miles) 



43.16 



PROPERTY OPERATED-Entire Line. 



Atlanta and Charlotte Air Line Railway Company, from Charlotte, N. C, to Armour, 
Ga. (miles) 



263. 25 



CAPITAL STOCK. 



Capital stock — common — number of shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Dividend of 7 per cent, declared 



$ 17,000.00 

100.00 

1,700,000.00 

1,700,000.00 

119,000.00 



228 



N. C. CORPORATION COMMISSION. 



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ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 229 



RECAPITULATION. 

FOR MILEAGE OWNED. 



Account. 



Capital stock 

Bonds 

Total — 



Amount 
Outstanding 



$ 1,700,000 
5, 500, 000 



7,200,000 



Miles. 



263.25 
263.25 



Amount 
Per Mile. 



6,458 
20, 892 
27,350 



INCOME ACCOUNT. 



Income from lease of road 

Salaries and maintenance of organization 

Interest on funded debt 

Total deductions 

Net income 

Dividends, 7 per cent, on common stock— 



$ 4,000.00 

347,500.00 



470,500.00 



351,500.00 



119,000.00 
119,000.00 



OPERATION. 



Gross earnings from operation— North Carolina 

Operating expenses, including taxes— North Carolina 
Gross earnings— entire line 

Operating expenses— entire line 



645,875.82 

481,984.64 

4,061,246.23 

2,918,682.56 



RECAPITULATION OF EXPENSES-North Carolina. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings— North Carolina 



$ 68,166.03 

93,608.10 

284,395.62 

20,860.38 

14, 954. 51 



481,984.64 
74.62 



230 



IT. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 

Earnings. 


Passenger— 

Passenger revenue 


$ 177, 859. 61 


$ 674.32 




Less repayments- 
Tickets redeemed ) 

1 
Excess fares refunded }■ 

1 
Other repayments J 












674. 32 














$ 177, 185. 2d 
49,721.97 
24 006 90 


Mail - - 


















2,364.50 
318 10 


















253,596.76. 


Freight— 

Freight revenue 

Less repayments— 

Overcharge to shippers ) 


396,728.81 


7,774.40 














7,774.40 














388,954.41 










388 954 41 












642,551.17 
759 80 


Other Earnings from Operation— 












94.82 








626 40 








1,843.63 










3,324.65 

645,875.81 

4,061,246.23 








Total gross earnings from operation— entire 













ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 231 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, etc. 



239, 162 
7, 120, 016 



29.77 



908,961 

36,779,375 

852, 163 

40.46 



Columns for Revenue 
and Rates. 



Dollars. 



177, 185 



253,596 

5,875 

1 



388,954 



388, 954 

9,011 

2 

645, 875 

14, 964 

1 

467,030 

10,820 

1 



Cts. 



Mills. 



598 



791 

058 



963 



568 



232 



W". C. CORPORATION COMMISSION". 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Dollars. 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road — 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



763,368 
49, 633, 966 

188, 543 
65.02 



1,161,101 



1,648,666 
6,262 

1 



1,798,478 
233, 825, 160 
888,225 
130.01 



Cts. 



2,401,793 

1 



2,401,793 

9,123 

2 

4,061,246 

15,427 

1 

2, 918, 682 

11,087 

1 



Mills. 



339 



568 



546 
027 



466 



506 



ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 233 



RENTALS PAID. 

B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



. Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 

Owning 
Property Leased. 


Item. 


Total. 




Atlanta, Ga 

Clifton & Converse, S.C. 




$ 7,897.14 
6,000.00 






Clifton Mfg. Co. 










Total 




$ 13,897.14 


Terminal 


Atlanta, Ga 


Atlanta Terminal Co 


39,700.08 


39,700.08 






53,597.22 











MILEAGE. 
MILEAGE OF LINE OPERATED BY STATES- (Single Track). 



State. 


Line Rep- 
resented 
by Capital 

Stock- 
Main Line. 


Total 

Mileag-e 

Operated. 


Steel 
Rails. 




43.16 
124. 90 
95.19 


43.16 

124. 90 

95.19 


43 16 




124 90 




95.19 






263.25 


263.25 


263 25 







234 



N. C. CORPORATION COMMISSION. 



ATLANTIC AND DANVILLE RAILWAY COMPANY. 



OFFICERS. 



Title. 


Name. 


Location of Office. 






London, Eng. 
Norfolk Va 


Secretary-Treasurer 


A Tredwell 


Walter C. Archer 









DIRECTORS. 

B. Newgass, London, Eng. ; I. W. Perry, Norfolk, Va. ; Walter C. Archer, Norfolk, Va. ; John T. 
Griffin, Portsmouth, Va.; John F. Rison, Danville, Va.; A. B. Carrington, Danville, Va.; I. W. 
Carter, Danville, Va. ; Robt. Haskins, Danville, Va. ; S. H. Lohman, New York City. Expiration of 
term, 3d Tuesday in November, 1906. 



MILEAGE. 



Mileage in North Carolina 

Mileage Danville, Va., to Norfolk, Va, 
Mileage branches 



22.15 miles. 

205.10 miles.. 

71.25 miles.. 



INCOME ACCOUNT. 





$ 


188,000.00 
3,565.55 
















191,565.55 


$ 191,565.55 




Deductions from Income— 








3,458.26 

188,000.00 

1,202.70 
























192 660.96 








Deficit - - 


1,095.41 






1,095.41 

22,579.77 


Deficit on June 30, 1905 (from "General Balance Sheet," 1905 report) 






Deficit on June 30, 1906 (for entry on "General Balance Sheet") 




23,675.18 





ATLANTIC AND DANVILLE EAILWAY COMPANY. 



235 



OPERATING REPORT. 



Gross earnings from operation— North Carolina 

Operating expenses, including taxes— North Carolina 

Income from operation — North Carolina 

Gross earnings — entire line 

Operating expenses— entire line 

Income from operation — entire line 



70,309.81 

53,447.20 

16,862.61 

869, 067. 60 

635,241.48 

233,826.12 



CAPITAL STOCK 

Capital stock 

Funded debt 

Total 



$ 2,180,800 

5,450,000 



7, 630, i 



236 



1ST. C. CORPORATION COMMISSION. 



ATLANTIC AND YADKIN RAILWAY COMPANY. 



OFFICERS. 



Item. 



President 

Vice-President 

Secretary 

Treasurer 

Auditor 

General Manager 

Division Superintendent 



Name. 



A. B. Andrews 
W. W. Finley- 
H. W. Miller - 
H. C. Ansley - 
A. H. Plant — 
H. B. Spencer - 
W. S. Andrews 



Location of Office. 



Raleigh, N. C. 
Washington, D. C. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Greensboro, N. C. 



DIRECTORS. 

J. Van Lindley, Greensboro, N. C.; J. W. Fry, Greensboro, N. C.; C. H. Ireland, Greensboro, 
N. C.; B. Frank Mebane, Spray, N. C.; J. C. Watkins, Greensboro, N. C.; W. H. Osborne, Greens- 
boro, N. C. Expiration of term, November 28, 1906, or until their successors are appointed. 



PROPERTY OPERATED. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 


Name. 


From— 


To— 


Each Class 
of Roads 
Named. 




Sanford — 






130 95 








18.74 
11.39 
2.02 
2.02 
















Proximity Mills 

Granite Quarry 








34.17 






Total - - - - 




165.12 











COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Total Cost to 
June 30, 1906. 


Cost 
Per Mile. 




$ 2,500,000.00 


$ 15,140.50 





ATLANTIC AND YADKIN RAILWAY COMPANY. 



237 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total Amount 
Outstanding. 


Apportionment 
to Railroads. 


Amount Per Mile of Road. 


Account. 


Miles. 


Amount. 




$ 1,000,000.00 
1,500,000.00 


All 


165. 12 
165. 12 


$ 6,056.00 
9,084.00 




All 






Total - - _______ 


2,500,000.00 




165. 12 


15,140.00 









CURRENT ASSETS AND LIABILITIES. 



Due from solvent companies and individuals $ 18,616.65 



INCOME ACCOUNT. 



Gross earnings from operation - 
Less operating expenses 



426,715.28 
341,016.71 



5, 430. 52 



Income from operation ! . $ 85,698.57 

Income from other sources 2,731.95 

Total income 

Deductions from Income— 

Interest on funded debt accrued 60,000.00 

Taxes 15,582.31 

Permanent improvements 44,585.94 

Total deductions from income 

Deficit 

Deficit from operations of year ending June 30, 1906 

Surplus on June 30, 1905 (for entry on "General Balance Sheet," 

1905 report) 



Surplus on June 30, 1906 (for entry on "General Balance Sheet") 



120,168.25 


31,737.73 


31,737.73 


35,354.38 


3,616.65 



238 



BT- C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 



Total 
Receipts. 



Deductions 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Excess fare refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings - 
Other Earnings from Operation— 

Switching charges — balance 

Rents from tracks, yards and terminals 

Other sources 

Total other earnings 



$ 97,855.84 



$ 115. 



299,012.25 



Total gross earnings from operation — North 
Carolina 



115.69 



97,740.15 
12,694.01 
16,634.18 

1,401.84 
224.55 



128,1 



.73 



3, 509. 67 



5,509.67 



295,502.58 
295, 502. 58 



424, 152. 31 

1,318.37 

22.82 
1,221.78 
2, 562. 97 

426,715.28 



ATLANTIC AND YADKIN RAILWAY COMPANY. 



239 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Column for 
Number 

Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning l-evenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue - 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton — miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



145,179 
3,621,695 

21,934 
24.95 



433, 930 
20,840,681 
126,215 
48.03 



Dollars. 



97, 740 



128,649 
779 



295,502 



295, 502 

1,789 

1 

426, 715 

2,584 

1 

341,016 

2,065 

1 



Cts. 



Mills. 



324 



010 



099 
418 



015 



167 



017 



240 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES-State of North Carolina. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting- transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings— North Carolina 



$ 104, 139. 58 

54,478.18 

167,954.49 

14,444.46 

15, 582. 31 



356, 599. 02 
83.57 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


Year Ending 


June 30, 1906. 


Total. 


Total. 


Decrease. 


$ 2,500,000.00 
50,354.38 




$ 2,500,000.00 
18,616.65 


$ 

31,737.73 










2, 550, 354. 38 


2,518,616.65 


31,737.73 




LIABILITIES. 




1,000,000.00 


1,000,000.00 

1,500,000.00 

15,000.00 

3,616.65 




1,500,000.00 






15, 000. 00 


Accrued interest on funded debt not yet payable — 




35,354.38 


31,737.73 








2,550,354.38 


2,518,616.65 


31,737.73 









HIGH POINT, EANDLEMAN, ASHBORO AND SOUTHERN. 



241 



HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN 
RAILROAD COMPANY. 



OFFICERS. 



Title. 



President 

Vice-President 

Secretary 

Treasurer 

Auditor 

General Manager 

Division Superintendent 



Name. 



A. B. Andrews 
W. W. Finley- 
H. W. Miller— 
H. C. Ansley - 

A. H. Plant 

H. B. Spencer - 
W. S. Andrews 



Location of Office. 



Raleigh, N. C. 
Washington, D. C. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Greensboro, N. C. 



DIRECTORS. 

R. F. Dalton, High Point, N. C; J. E. Cox, High Point, N. C; W. G. Bradshaw, High Point, 
N. C; S. Bryant, Randleman, N. C; W. P. Wood, Ashboro, N. C; J. E. Walker, Ashboro, N. C; 
A. B. Andrews, Raleigh, N. C; P. H. Morris, Ashboro, N. C; J. S. McAlister, Spray, N. C; W. H. 
Ragan, High Point, N. C; F. M. Pickett, High Point, N. C; H. W. Miller, Raleigh, N. C, and T. J. 
Finch, Ashboro, N. C. 



PROPERTY OPERATED-North Carolina. 



High Point, Randleman, Ashboro and Southern Railroad, from High Point to Ash- 
boro (miles) 



26.80 



CURRENT LIABILITIES. 



Current liabiliti 



272,534.04 



Corp. 2 16 



242 



N. C. CORPORATION COMMISSION 



CAPITAL STOCK AMD FUNDED DEBT. 

FOR MILEAGE OWNED. 



J 


Total 

Amount 

Outstanding. 


Amount Per Mile. 


Account. 


Miles. 


Amount. 


Capital stock 


$ 250,000.00 
402,000.00 


26.80 
26.80 


$ 9,328.00 
15,000.00 






Total - - - - 


652,000.00 


26.80 


24,328.00 








651,900.00 


26.80 


24,324.99 







INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Taxes 

Permanent improvements 

Other deductions 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1906 

Deficit on June 30, 1905 [from "General Balance Sheet," 1905 Re- 
port] 



Additions for year 

Deficit on June 30, 1906 [for entry on " General Balance Sheet "] 



$ 111,504.62 
63,952.86 




5,585.99 
5,585.99 

272,534.04 

247,076.34 

19, 871. 71 



HIGH POINT, EANDLEMAN, ASHBORO AND SOUTHERN. 



243 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 



Total 
Receipts. 



Deductions 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



Passenger— 

Passenger revenue 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items, news privilege 

Total passenger earnings 

Freight— 

Freight revenue 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings - 
Other Earnings from Operation— 

Switching charges — balance 

Rents not otherwise provided for 

Other sources 

Total other earnings 



$ 23,489.47 



12. 84 



23,476.63 

1,901.76 

3,721.61 

86.55 

49.55 



81,814.85 



700.00 



Total gross earnings from operation — North 
Carolina 



29,236.10 



81,114.85 
81,114.85 
110,350.95 

6.25 

6.10 

1,141.32 



1,153.67 



111,504.62 



OPERATING EXPENSES— State of North Carolina. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings— North Carolina 



15,280.98 
8, 167. 52 

37,355.76 
3,148.60 
2,414.44 



66,367.30 
59.52 



244 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

- Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight-— 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



48, 793 
843, 037 

31,457 
17. 



106, 616 
2,494,630 
93,083 
23.40 



Dollars. 



23,476 



29, 236 
1,090 



81,114 



81,114 

3,026 

2 

111,504 

4,160 

2 

63, 952 

2,386 

1 



Cts. 



76 



Mills. 



115 

785 



630 



081 
252 



812 



748 



461 



HIGH POINT, EANDLEMAN, ASHBOEO AND SOUTHERN. 



245 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 



Total. 



652,000.00 



250,000.00 
402,000.00 
272,534.04 



924,534.04 





Year Ending- 


June 30, 1906. 


ASSETS. 


Total. 


Decrease. 




$ 651,900-00 

247,076.34 

5,585.95 

19,871.71 


$ 100. 00 












252,162.33 








924, 434. 04 


100. 00 






LIABILITIES. 


249,900.00 
402,000.00 
272,534.04 


100.00 
















924.434.04 


100.00 







2-1-6 



IS". C. CORPORATION COMMISSION. 



NORTH CAROLINA RAILROAD COMPANY. 

OFFICERS. 



Title. 



President 

Secretary and Treasurer 
Attorney 



Name. 



Hugh G. Chatham 

A. H. Eller 

R. A. Doughton -- 



Location of Office. 



Elkin, N. C. 
Burlington, N. C. 
Sparta, N. C. 



DIRECTORS. 

R. F. Hoke, Raleigh, N. C; B. Cameron, Raleigh, N. C; Hugh G. Chatham, Elkin, N. C; L. 
Banks Holt, Graham, N. C; W. H. Williams, Newton, N. C; S. C. Penn, Reidsville, N. C; Hugh 
McRae, Wilmington, N. C; W. E. Holt, Lexington, N. C; W. T. Brown, Winston, N. C; T. H. Van- 
derford, Salisbury, N. O; J. W. Lambeth, Thomasville, N. O; A. J. Ruffin, Hillsboro, N. C. 



PROPERTY OPERATED BY LESSEE. 





Terminals. 


Miles of Line 


Name. 


From— 


To— 


for Each Road 
Named. 




Goidsboro 

Caraleigh Junction — 


Charlotte 

Caraleigh Mills 


221. 65 




1.90 






Total -- - 


223. 55 











CAPITAL STOCK. 



Capital stock 

Dividends paid, 7 per cent. 



$ 4,000,000 

280, 000 



NORTH CAROLINA RAILROAD COMPANY. 



247 



CURRENT ASSETS AND LIAB!LITIES-(Lessor's Report). 



CASH AND CURRENT ASSETS 
Cash 

Bills receivable 

Other cash assets 

Balance— current liabilities 

Total 

CURRENT LIABILITIES. 

Dividends not called for 

Miscellaneous 

Total 



$ 11,455.31 


300.00 


17.95 


131,345.24 


143,118.50 


143,010.50 


108.00 


143,118.50 



COST OF ROAD EQUIPMENT, ETC 

Cost to June 30, 1906 

Cost per mile 

Stocks owned— State University Railroad 



$ 4,975,627.53 

22,257.34 

5,000.00 



RENTALS RECEIVED. 



Received from passenger station, Raleigh 

Dividend checks withdrawn 

Real estate 

Back taxes collected Union Passenger Station 
Total 



988. 80 

67.00 

2, 700. 00 

1,119.74 



4,875.54 



248 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT-(Lessor's Report). 



Income from lease of road 

Miscellaneous income 

Total income 

Deductions from Income— 

Total deductions from income 

Net income 

Dividends, 7 per cent— common stock 

Surplus June 30, 1906 

Surplus on June 30, 1905 [for entry on " General Balance Sheet "] 
Surplus on June 30, 1906 [for entry on " General Balance Sheet "]- 



,000.00 
,875.54 



6,920.19 



290,875.54 

6,920.19 
283,955.35 
280,000.00 

3,955.35 
845,276.47 
849,231.82 



NORTH CAROLINA RAILROAD COMPANY. 



249 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 

Earnings. 


Passenger— 


$ 1,041,063.34 


$ 3,025.02 








Less repayments- 
Tickets redeemed 1 

1 
Excess fares refunded )■ 

1 
Other repayments J 











3, 025. 02 
















$ 1,038,038.32 


Mail- - -- - 




168, 662. 94 

129,911.38 

14,814.77 

1,847.31 






























1,353,274.72 


Freight— 


2,578,165.88 




Less repayments— 
uvercnarge to snippers i 








40,902.70 




Other repayments ) 








40,902.70 














2,537,263.18 










2.537,263.18 












3,890,537.90 

5, 748. 17 
610 21 


Other Earnings from Operation— 


















6,113.88 
12,300.89 
24,772.15 

3,915,311.05 

3,915,311.05 














Total gross earnings from operation— North 






Total gross earnings from operation— entire 











250 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 



Maintenance of Way and Structures— 

Repairs of roadway 

Renewals of rails 

Renewals of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals of fences, road crossings, signs, and cattle-guard s- 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of telegraph 

Stationery and printing 

Other expenses 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhouse men 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow, and waste for locomotives 

Other supplies for locomotives 

Train service 

Train supplies and expenses 

Switchmen, flagmen, and watchmen -- 

Telegraph expenses 

Station service 

Station supplies 

Car per diem and mileage — balance 

Hire of equipment— balance 

Total carried forward 



215,501.90 

19, 080. 35 

48,319.95 

18,533.06- 

2,066.88 

39,447.88 

1,061.49 

971.80 

8.37 



344,991.68 



8,361.17 

200,283.50 

57,328.30 

231,068.32 

3,610.09 

12,711.22 

928. 60 

3,167.78 



517,458.98 



54,737.53 

218,413.17 

288,086.50 

17,171.92 

11,528.08 

3,700.04 

125,579.23 

42, 659. 85 

70,811.08 

56,208.62 

117,643.66 

11,383.81 

311,936.73 

67,453.74 



1,397,313.! 



NORTH CAROLINA RAILROAD COMPANY. 



251 



OPERATING EXPENSES-Continued. 



Item. 



Conducting Transportation— Continued. 

Total brought forward 

Loss and damage 

Injuries to persons 

Clearing wrecks 

Advertising 

Outside agencies 

Commissions 

Rents for tracks, yards, and terminals 

Rents for buildings and other property 

Stationery and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings — North Carolina 

Percentage of expenses to earnings, not including taxes- 



Amount. 



$ 1,397,313.96 
77,123.16 
60,249.55 

3,787.16 

7, 698. 72 

40,620.75 

270. 39 

8,917.42 

783.48 

20,449.51 

1,462.40 



1,618,676.50 



17, 223. 44 

37,868.35 

7,027.11 

19,891.87 

20,835.93 

7,233.64 

9,842.89 



119,923.23 



344,991.68 

517, 458. 98 

1,618,676.50 



119,923.23 

67,605.86 

2,668,656.25 

68.16 

66.43 



252 



BT. C. CORPORATION COMMISSION. 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30, 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$ 4,975,627.53 
5,000.00 




$ 4,975,627.53 

5,000.00 

11,773.26 


, 


$ __. 






7,857.94 




S.QIK.aS! 










4,988,485.47 


4,992,400.79 


3,915.32 






LIABILITIES. 




4,000,000.00 


4,000,000.00 
143,118.50 
849,231.82 






143, 309. 00 






190. 50 






3,955.35 




845,276.47 










4,988,485.47 


4,992,350.32 


3,955.35 


190.50 







NORTH CAROLINA RAILROAD COMPANY. 



253 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, etc. 



1,051,148 
42,026,664 

187,335 



2,821,928 

270,992,544 

1,207,955 

96. 



Columns for Revenue 
and Rates. 



Dollars. 



1,353,274 
6,032 

1 



2,537,263 



2,537,263 

11,309 

2 

3,915,311 

17, 452 

2 

2,668,656 

11, 895 

1 



Cts. 



18 



Mills. 



753 

470 



299 



912 



170 



182 



622 



254 



ST. C. CORPORATION COMMISSION. 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



OFFICERS. 



Title. 



President 

Vice-President 

Secretary 

Treasurer 

Auditor 

General Manager 

Division Superintendent 



Name. 



A. B. Andrews 
W. W. Finley- 
H. W. Miller— 
H. C. Ansley - 
A. H. Plant — 
H. B. Spencer - 
A. Ramseur— 



Location of Office. 



Raleigh, N. C. 
Washington, D. C. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Asheville, N. C. 



DIRECTORS. 

A. B. Andrews, Raleigh, N. C; C. P. McNeeley, Mooresville, N. C-; Z. V. Turlington, Moores- 
ville, N. C; F. M. Johnson, Farmington, N. C; W. A. Bailey, Advance, N. C; J. W. Cannon, Con- 
cord, N. C; H. E. Fries, Salem, N. C; J. W. Hinshaw, Winston, N. C; R. J. Reynolds, Winston, N. 
C; M. D. Bailey. Winston, N. O; P. H. Hanes, Winston, N. C; O. B. Eaton, Mayor, Winston, N. C; 
J. W. Fries, Salem. N. C. 



PROPERTY OPERATED. 



North Carolina Midland Railroad, Mooresville to Winston-Salem (miles) 



53.52 



CURRENT ASSETS AND LIABILITIES. 



l 

Due from solvent companies 

Audited vouchers and accounts- 
Dividends not called for 

Total— current liabilities 



ASSETS. 


Amount. 




$ 107,667.60 




LIABILITIES. 


251,886.21 
343.50 










252,229.71 





NOETH CAEOLIXA MIDLAND RAILROAD COMPANY. 



255 



CAPITAL STOCK AND FUNDED DEBT. 
FOR MILEAGE OWNED. 



Total Amount Apportionment 
Outstanding. to Railroads. 



Amount Per Mile of Line. 



Capital stock 

Bonds 

Total — 



S 924,000.00 ! All 
801,000.00 All 
1,725,000.00 



Miles. 



Amount. 



53.52 $ 17,232.00 
53.52 I 14.940.00 



32,172.00 



COST OF ROAD. CONSTRUCTION AND EQUIPMENT. 



Cost of road, construction and equipment per mile, $32,230.94 $1,725,000.00 



INCOME ACCOUNT. 





S 417,231.90 
244,871.97- 
















$ 172,359.93 




5.448.09 










5,443.09 










177. 80S. 9 


Deductions from Income— 


48, 060. 00 
15,113.16 
5,219.80 
2,090.96 




Interest on interest-bearing current liabilities, etc 
















70,483.92 








107,324 10 




27, 720. 00 








Total - - — - 




27, 7?0.00 










79 604.10 


Deficit on June 30, 1905 [from "General Balance Sheet," 1905 




212,724.99 










940.443.99 








Surplus on June 30, 1906 [for entry on "General Balance Sheet"] 


107.324.10 







256 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

Etc. 


Actual Earn- 
ings. 


Passenger — 








Passenger revenue 


$ 47,164.20 






Less repayments- 








Tickets redeemed 1 








Excess fares refunded } 




$ 146. 43 














146. 43 














$ 47,017.77 
3,433.90 


Mail .___-_. - _ . 












6,563-06 






293. 64 






193. 32 












57,501.69 


Freight— 


' 






Freight revenue 


360,747.82 






Less repayments — 








uvercnargeto snippers I 




3,089.48 


















3,089.48 














357,658.34 












357 658.34 












415,160.03 


Other Earnings from Operation— 














1,145.10 








223. 30 






137.00 






566.47 












2,071.87 








Total gross earnings from operation — North 
Carolina 


417,231.90 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



257 



OPERATING EXPENSES-State of North Carolina 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings 



$ 42,161.04 

41,144.39 

149,444.44 

12, 122. 10 

5,219.80 



250,091.77 
59.94 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30. 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$ 1,725,000.00 




$ 1,725,000.00 

251,886.21 
107,667.60 


$ 

251,886.21 
26,649.83 


$ 


Funded arrears of interest sus- 
pended 




81,017.77 




212 724.99 




212,724.99 








2,018,742.76 


2,084,553.81 


65,811.05 






LIABILITIES. 




924 000.00 


924,000.00 
801,000.00 
252,229.71 
107,324.10 






801,000.00 








293,742.76 




107, 324. 10 


41,513.05 














2,018,742.76 


2,084,553.81 


65,811.05 











Corp. 2 17 



258 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Column for 
Number 

Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, Etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings--- 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road-- 

Average distance haul of one ton — miles 

Total freight revenue 

Average amount received for each ton of freight --. 

Average receipts per ton per mile =- 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



73,705 
1,801,514 

33,661 
24.44 



542,053 

25,347,393 
473, 606 
46.76 



Dollars. 



47,017 



57, 501 
1,074 



357,658 



357,658 

6,682 

2 

417,231 

7,795 

2 

244,871 

4,575 
1 



Cts. 



Mills. 



792 
610 



446 



411 



996 



416 



732 



NORTH AND SOUTH CAROLINA RAILROAD COMPANY. 



259 



NORTH AND SOUTH CAROLINA RAILROAD COMPANY. 



OFFICERS. 



Title. 


Name. 


Location of Office. 






Raleigh, N. C. 


Secretary and Auditor 

Treasurer 


R. D. Lankford 

H. C. Ansley 

R. D. Lankford 


New York, N. Y. 
Washington, D. C. 
New York N Y 







DIRECTORS. 

A. B. Andrews, Raleigh, N. C; John S. Cunningham, Cunningham, N. O; C. W. Johnston, 
Charlotte, N. C; J. M. Neal, Danville, Va.; J. I. Pritchett, Danville, Va.; S. Spencer, New York, 
N. Y.; J. M. Currin, Oxford, N. C; R. L. Dibbrell, Danville, Va.; J. G. Penn, Danville, Va. Expira- 
tion of term, December 29, 1906, or until their successors shall be elected. 



PROPERTY OPERATED. 



From Virgilina, N. C, to Copper Mines (miles) - 



4.45 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Current liabilities 

Cost of road 



$ 50,000.00 

11,235.00 

63,702.21 

112,211.08 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Taxes 

Deficit 

Deficit June 30, 1906 

Deficit June 30, 1905 

Deficit June 30, 1906 



823.69 

1,898.28 

98.48 

1,173.07 

1,173.07 

318.06 
1,491.13 



260 



N. C. CORPORATION COMMISSION. 



SOUTHERN RAILWAY— CAROLINA DIVISION. 



OFFICERS. 



Title. 



President 

Vice-President 

Secretary 

Assistant Secretary 

Treasurer 

Auditor 

Division Superintendent 



Name. 



A. B. Andrews 

W. W. Finley 

H. W. Miller 

George R. Anderson 

H. C. Ansley 

A. H. Plant 

H. A.Williams 



Location of Office. 



Raleigh, N. C. 
Washington, D. C. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Columbia, S. C. 



DIRECTORS. 

C. Fitzimons, Columbia, S. C; J. C. Robertson, Columbia, S. C; Thomas Barrett, Jr., Augusta, 
Ga.; George Little, Raleigh, N. C. ; George A. Wagener, Charleston, S. C; C. N. Freeman, Raleigh, 
N. C; Wilie Jones, Columbia, S. C; S. B. Patterson, Raleigh, N. C; A. B. Andrews, Raleigh. N. C; 
W. W. Finley, Washington, D. C; Fairfax Harrison, Washington, D. C; H. W. Miller, Raleigh, 
N. C; J. W. Smith, Raleigh, N. C; O. S. Thompson, Raleigh, N. C; J. J. Seibles, Columbia, S. C. 



PROPERTY OPERATED-North Carolina. 





Terminals. 




Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 
Each Class 
of Roads 
Named. 


Name. 


From— 


To- 


1— A. Southern Railway- 


Biltmore, N. C 

N. C. State line 

Hendersonville, N. C. 




41 90 








64 15 


S—Transylvania Railroad 


Lake Toxaway, N. C- 




41.70 


Total - — 


147 75 













SOUTHERN" RAILWAY CAROLINA DIVISION. 



261 



PROPERTY OPERATED. 



1. Railroad line represented by capital stock: 

A. Main line. 

B. Branches and spurs. 

2. Proprietary companies whose entire capital 

stock is owned by this company. 



3. Line operated under lease for specified sum. 

4. Line operated under contract, or where the 

rent is contingent upon earnings or other 
considerations. 

5. Line operated under trackage rights. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To— 


Each Class 
of Roads 
Named. 


1 A.— Southern Railway- 
Carolina Division 


Cayce S C 


Hardeeville, S. C 

Spartanburg, S. C. — 
Biltmore, N. C 


128.63 

67.93 

65.90 

136.92 

208. 50 

7.64 

66.30 

10.50 

4.60 

1.00 

15.81 

16.70 

3.37 

.49 

.25 




Alston, S. C 

Spartanburg Jet., S.C. 

Charleston, S. C. 

Kingville, S. C 

Perry S C 




1 B.— Southern Railway — 


Marion, N. C 

Seivern S C 


607.88 






Branchville, S. C. 

Blacksburg, S. C. 


Columbia, S. C 

GafFney, S. C. 






Taylors Mill Branch- 
Sumter Jet., S. C 

Hendersonville, N. C- 

Hardeeville, S. C. 

Central Jet., Ga 


Sumter, S. C 


105-85 




Lake Toxaway, N. C- 

Central Jet., Ga. 

West Broad St., 

Savannah, Ga. 








5. — Atlantic Coast Line R. R. 

Central of Georgia Ry 

Augusta & Summerville R. R. 








20.81 










Total - 


776. 24 













262 



N. C. CORPORATION COMMISSION". 



RECAPITULATION. 

FOR MILEAGE OWNED. 



Account. 


Total Amount 
Outstanding. 


Apportionment 
to Railroad. 


Amount Per Mile of Line. 


Miles. 


Amount. 




$ 4,176,200.00 
11,359,500.00 


All 

All 


713.73 
713. 73 


$ 5,851.00 
15,915.00 






Total — 


15,535,700.00 




713.73 


21, 766. 00 







COST OF ROAD, EQUIPMENT, ETC. 



Cost of road 

Cost of equipment 

Cost of equipment per mile 
Cost of road per mile 



$ 15,077,276.26 

612,841.19 

858.64 

21,983.26 



INCOME ACCOUNT. 



Income from lease of road 

Total income 

Net income 

Surplus from operations of year ending June 30, 1906 

Surplus on June 30, 1905 [from "General Balance Sheet," 1905 Report] 
Deductions for year 

Surplus on June 30, 1906 [for entry on "General Balance Sheet" ] 



130, 049. 55 



130,049.55 



130,049.55 
130, 049. 55 



273, 183. 66 



273, 183. t 



130,049.55 



SOUTHERN RAILWAY CAROLINA DIVISION. 



263 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

Etc. 


Actual 
Earnings. 


Passenger— 


$ 156,316.27 


$ 2,027.75 








Less repayments- 
Tickets redeemed ] 

1 












Other payments J 


2,027.75 














$ 154,288.52 
12,608.69 
10,925.16 


Mail ----- - 
























357 91 












180,505.23 


Freight- 




7,119.79 






» 






405,300.73 










405,300.73 










585, 805. 96 
20 40 


Other Earnings from Operation— 












1,200 84 






___ _ 


4,130.93 










5,352.17 

591,158.13 

4,092,486.40 


Total gross earnings from operation— North 






Total gross earnings from operation— entire 














264 



N. C. CORPORATION COMMISSION", 



OPERATING EXPENSES. 



Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total including taxes 

Percentage of expenses to earnings— North Carolina 



Amount. 



$ 644,884.24 

636,603.88 

1,663,978.65 

144, 292. 15 



3,089,758.92 



75.50 

120,864.53 
121,194.61 
313,972.35 
35,838.59 
10,073.03 



,943.11 



101.82 



SOUTHERN RAILWAY CAROLINA DIVISION. 



26< 



STOCKS OWNED. 



Name. 



Total 
Par Value. 



Rate. 



Valuation. 



Certificate of indebtedness Sumter and Wateree 
Railroad Co. 

Sumter and Wateree Railroad Co. 

Total 



$ 17,058.83 
6,000-00 



6 per cent. 



23,058.83 



1.00 
1.00 



2.00 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30, 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$ 15,038,508.03 

612,841.19 

3,342.00 




$15,077,276.26 

612,841.19 

2.00 

415,435.00 


$ 38,768.23 


$ 








3,340-00 


Cost of road— leasehold estate 

Cost of equipment — leasehold 


41 k 435. nn 






18, 565- 00 1 8- KRK- on 




1.00 




1.00 

1.00 

149,733.31 






1.00 


Aug. So. R. R., floating debt 






273,183.66 




123,450.00 










15,927,876.88 


16,273,854.76 


345,977.88 






LIABILITIES. 




4,176,200.00 
11,359,500.00 


4,176,200.00 
11,359,500.00 

434,000.00 

157,761.45 

16,343.76 

130,049.55 














Outstanding securities— leasehold 


434,000.00 
38,768.23 
16,343.76 




118,993.22 


Current liabilities 








273,183.66 




143,134.11 




Grand total 






15,927,876.88 


16,273,854.76 


345, 977. 88 









266 



X. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Item. 



Column for 

Number 
Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, Etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road-- 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight -— 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



Dollars. 



245,592 
5,928,627 

46, 719 
24.15 



1,109,260 
16,378,499 
365,473 
41.81 



154,288 



180,505 
1,422 



405,300 
3,193 

1 

591, 158 

4,638 

1 

591,870 

4,664 

1 



Cts. 



73 



Mills. 



849 
602 



251 



874 



457 



878 



039 



STATE UNIVERSITY RAILROxVD. 



267 



STATE UNIVERSITY RAILROAD. 



OFFICERS. 



Title. 



President 

Secretary 

Treasurer 

Auditor 

Division Superintendent 



Name. 



A. B. Andrews 
H. W. Miller— 
H. C. Ansley - 
A. H. Plant — 
W. S. Andrews 



Location of Office. 



Raleigh, N. C. 
Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 
Greensboro, N. C. 



DIRECTORS. 

E. B. Barbee, Raleigh, N. C; K. P. Battle, Chapel Hill, N. C; J. S. Carr, Durham, N. C; T. S. 
Kenan, Raleigh, N. C. ; W. A. Erwin, Durham, N. C. Expiration of term, until their successors are 
elected or appointed. 



PROPERTY OPERATED. 



From University to Chapel Hill (miles) 



10.20 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 


$ 18,563.27 
21,359.14 




Deficit - - - - 




$ 2,795.87 


Deductions from Income — 


258.57 

38.69 

7,971.63 


Permanent improvements 












8,268.89 

11,064.76 

128,169.90 

139,234.66 






Deficit on June 30 1905 - - 




Deficit on June 30 1906 — 









268 



TST- C. CORPORATION COMMISSION. 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Cost of road 

Liabilities — audited vouchers 



$ 31,300.00 

3,069.00 

31,300.00 

139,234.66 



OPERATING EXPENSES 

Operating Expenses— State of North Carolina— 

Maintenance of ways and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings 



10,498.39 

2,436.90 

7,824.32 

599.53 

258. 57 

21,617.71 

116.45 



TRANSYLVANIA RAILROAD COMPANY. 



269 



TRANSYLVANIA RAILROAD COMPANY. 



OFFICERS. 



Title. 



President 

First Vice-President 

Auditor, Treasurer and Freight Agent 

Secretary 

General Manager 

General Superintendent 



Name. 



E. B. Alsop 

J. F. Hayes 

A. K. Orr 

C. H. Stolzenbach 

J. F. Hays 

T. S. Boswell 



Location of Office. 



Pittsburg, Pa. 
Brevard, N. C. 
Brevard, N. C. 
Pittsburg, Pa. 
Brevard, N. C. 
Brevard, N. C. 



DIRECTORS. 

E. B. Alsop, C. H. Stolzenbach, R. G. Jennings, Pittsburg, Pa.; J. P. H. Cunningham, New 
Castle, Pa.; J. F. Hays, Brevard, N. C; Fairfax Harrison, Washington, D. C; Fred. Guiner, Alle- 
ghany, Pa.; A. K. Orr, Asheville, N. C. 



PROPERTY OPERATED. 



Hendersonville to Lake Toxaway (miles) 

Trackage rights at Hendersonville (miles 

Total (miles) 



CAPITAL STOCK. 



Capital stock 
Funded debt 
Cost of road - 
Cost per mile 



$ 345,000.00 

350,000.00 

341,000.00 

8,244.67 



K". C. CORPORATION COMMISSION". 



INCOME ACCOUNT. 

SIX MONTHS ENDING DECEMBER 31, 1905. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Interest on funded debt 

Taxes 

Total deductions 

Net income 

Surplus from operation for six months ending December 31, 1905 

Surplus June 30, 1905 ^ 

Surplus December 31, 1905 (for entry on General Balance Sheet) 

Freight earnings 

Passenger earnings 

Total 



$ 50,457-25 
24,935.31 



8,750.00 
1,505.62 



25,521.94 



10, 255. 62 
15,266.32 
15,266.32 
1,174.87 
16,441.19 
22, 175. 16 
28,282.09 



50,475.25 



INCOME ACCOUNT-(Lessor's Report). 

FOR SIX MONTHS ENDING JUNE 30, 1906. 





$ 12,500.00 


$ 












12,500.00 


Deductions from Income— 


1,650.00 
10,850.00 
















12,500 00 









YADKIN RAILROAD COMPANY. 



271 



YADKIN RAILROAD COMPANY. 



OFFICERS. 



Title. 



President 

Vice-President 

Secretary 

Treasurer 

Assistant Secretary 
Auditor 

General Manager — 



Name. 



A. B. Andrews 

Theodore F. Kluttz 

H. W. Miller 

H. C. Ansley 

A. H. Boyden 

A. H. Plant 

H. B. Spencer 



Location of Office. 



Raleigh, N. C. 
Salisbury, N. C. 
Raleigh, N. C. 
Washington, D. C. 
Salisbury, N. C. 
Washington, D. C. 
Washington, D. C. 



DIRECTORS. 

D. R. Julian, Salisbury, N. C; J. S. Henderson, Salisbury, N. O; F. J. Murdock, Salisbury, 



N. C; L. W. Sanders, Charlotte, N. O; S. H. Hearne, Albemarle, N. C; 
N. C; D. N. Bennett, Norwood, N. C; E. B. C. Hambly, Rockwell, N. 
N. C. ; A. B. Andrews, Raleigh, N. C. ; Walter Murphy, Salisbury, N. C. 
22, 1905, or until their successors are appointed. 



J. M. Morrow, Albemarle, 

C; J. M. Odell, Concord, 

Terms expire November 



PROPERTY OPERATED. 



Yadkin Railroad, from Salisbury, N. C, to Norwood, N. C. (miles) 




41.00 

2.70 






Total - - -- - -- - 




43.70 







INCOME ACCOUNT. 



Gross earnings from operation 


$ 171,733.91 
113,805-66 


1 




$ 57,928.25 






57,928.25 


Deductions from Income — 


36,900.00 

28,689.99 

2,006.94 

6,899.82 

465.61 
















Other deductions 


74,962.36 






17, 034. 11 








17,034.11 


Deficit on June 30, 1905 [" General Balance Sheet " 1903 Report] 




583,024.81 






518,734.68 
81,324.24 


Deficit on June 30, 1906 [for entry on " General Balance Sheet "] 









•>79 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION. 



Items. 



Passenger— 

Passenger revenue 

Less repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items — news privilege 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings - 
Other Earnings from Operation — 

Switching charges— balance 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 



Total gross earnings from operation- 
North Carolina 



Total 
Receipts. 



31,838. 



132,178.57 



Deductions, 

Account of 

Repayments, 

Etc. 



703.80 



703.80 



Actual 
Earnings. 



31,827.78 

2,130.66 

5,519.52 

129.23 

57.00 



39,664.19 



131,474.77 
131,474.77 


171,138.96 


1.31 


7.86 


59.31 


526.47 


594.95 


171,733.91 



YADKIN RAILROAD COMPANY 



273 



CAPITAL STOCK. 



Capital stock 

Funded debt 

Capital stock per mile (43.70 miles) 

Funded debt per mile (43.70 miles) 

Cost of road 

Cost of road per mile 

Current liabilities 

OPERATING EXPENSES-State of North Carolina 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total , 

Percentage of expenses to earnings— North Carolina 



$ 625,000.00 

615,000.00 

14.302.00 

14,073.00 

1,240,000.00 

28,375.00 

590,833.92 



36,404.74 
19,123.28 
54,594.44 
3,683.20 
2,006.94 



115,812.60 
67.44 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 




June 30, 1906. 


Year Ending June 30, 1906. 












Total. 




Total. 


Increase. 


Decrease. 


$ 1,240,000.00 




$ 1,240,000.00 


$ 


$ 




Funded arrears of interest sus- 


518, 734. 68 


518, 734. 68 




583,024.81 




81,324.24 




501, 700. 57 










1,823,024.81 


1,840,058.92 


17,034.11 






LIABILITIES. 












625, 000. 00 




625,000.00 






615,000.09 




615,000.00 






573, 799. 81 




590, 833. 92 


17,034.11 




9, 225. 00 


Accrued interest on funded debt 


9,225.00 














1,823,024.81 


1,840,058.92 


17,034.11 











Corp. 2 18 



274: 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 

Number 

Cars, Etc. 



Column for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton — miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



66,028 
1,194,741 

27,340 
18.09 



253, 745 
4,891,908 
111,943 
19.28 



Dollars. 



31,827 



39, 664 
907 



131,474 



131,474 
3,008 



171,733 


91 


3,929 


84 


1 


93 


113, 805 


66 


2,604 


25 


1 


28 



Cts. 



Mills. 



203 
664 



735 



243 



060 



ABERDEEN AND ASHBOEO RAILROAD COMPANY. 



MISCELLANEOUS RAILROADS. 



Aberdeen and Ashboro Railroad Company. 



OFFICERS. 



Title. 



President 

Secretary and Treasurer 

Attorney 

Auditor 

General Manager 

Traffic Manager 



Name. 



Location of Office. 



Henry A. Page Aberdeen, N. C. 

Mary E. Page Aberdeen, N. C. 

W. J. Adams 1 Carthage, N. C. 

Frank Page ! Biscoe, N. C. 

J. R. Page Biscoe, N. C. 

Henry A. Page Aberdeen, N. C. 



DIRECTORS. 

Henry A. Page, Aberdeen, N. O; Robert N. Page, Biscoe, N. C; J. R. Page, Frank Page, Bis- 
coe, N. C; W. H. Page, New York; A. W. E. Capel, Troy, N. C; J. G. Tomlinson, Troy, N. C. 



PROPERTY OPERATED. 



Aberdeen and Ashboro— from Aberdeen to Ashboro, N. C. (miles) 

Aberdeen and Ashboro — Biscoe to Mt. Gilead (miles) 

Jackson Springs R. R. Co. (operated under trackage rights) 

Total (miles) 



55.20 

21.30 

4.00 



80.50 



CAPITAL STOCK. 



Capital stock— common — number of shares authorized 

Par value of shares 

Total amount issued and outstanding 

Dividends declared during the year 

Capital stock per mile 

Bonds 

Bonds per mile 

Jackson Springs R. R. Co.— capital stock (4 miles) 



6,500 

100.00 

250,000.00 

15,000.00 

3,105.59 

69,000.00 

967.25 

20,000.00 



276 



N. C. CORPORATION commission. 



FUNDED DEBT. 



Amount issued* $ 80,000.00 

Amount outstanding 69,000.00 

Interest accrued and paid during year 4,140.00 

*Date of issue, 1890; due, 1910; rate of interest, 6 per cent., payable January and July. 



CURRENT ASSETS. 



Balance current assets (cash) $ 



INCOME ACCOUNT. 



Gross earnings from operation $ 126,010.75 

Less operating expenses 98,281.62 

Income from operation 

Deductions from Income— 

Interest on funded debt accrued 4,140.00 

Taxes 2,319.20 

Total deductions from income 

Net income 

Dividends— common stock, 6 per cent 15,000.00 

Total 

Surplus from operations of year ending June 30, 1906 6,269.43 

Surplus on June 30, 1905 [from "General Balance Sheet," 1903 Re- 
port] 14,730.17 

Additions for year 6,269.43 

Surplus on June 30, 1906 [for entry on "General Balance Sheet "] 



27,729.13 



6, 459. 70 
21,269.43 



20,999.60 



OPERATING EXPENSES. 



Recapitulation of Operating Expenses 

Maintenance of way and structures 

Maintenance and equipment 

Conducting transportation 

General expenses 

Total 



$ 25,060.62 

21,062.36 
40,721.89 
11,446.75 



5,281.62 



ABERDEEN AND ROCKFISH RAILROAD COMPANY 



Aberdeen and Rockfish Railroad Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 








Secretary and Treasurer 


W. A. Blue 


Aberdeen, N. C. 
Carthage, N. C. 






General Superintendent 


C N Blue 









DIRECTORS. 

John Blue, C. N. Blue, W. A. Blue, Aberdeen, N. C; J. A. Blue, Timberland, N. C; R. N. Page, 
Biscoe, N. O; J. A. McKeithan, N. A. McKeithan, Aberdeen, N. C. 



PROPERTY OWNED. 



Aberdeen and Rockfish Railroad from Aberdeen to Hope Mills (miles) 39. 50 

Aberdeen and Rockfish Railroad from Junction to Endon (miles) 10.00 

Total- i 49.50 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Funded debt* 

Funded debt per mile 

Balance cash assets 

Cost of road and equipment 

Cost of equipment 

Materials and supplies on hand- 

*Rate of interest, 6 per cent 



100,000.00 

2,020.00 

80,000.00 

1,616.00 

15,268.10 

191,315.30 

41,930.89 

1,100.00 



278 



N. C. CORPOPvATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Interest on funded debt 



Taxes 



Permanent improvements 

Total 

Net income 

Surplus June 30, 1906 : 

Surplus on June 30, 1905 [from "General Balance Sheet," 1905 Report] 

Surplus June 30, 1906 [for entry on "General Balance Sheet"] 

Passenger earnings 

Freight earnings 



75,204.58 
39, 462. 06 



4,800.00 
1,891.30 
1,315.85 



12,797.77 
62,044.85 



35,742.52 



8,007.15 
27,735.37 
27,735.37 
28,680.14 
56,415.51 



OPERATING EXPENSES. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 



$ 9,841.32 

3,372.99 

19,691.9 7 
6,555.78 

39,462.06 



ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 



279 



Atlantic and North Carolina Railroad Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 


President 

Secretary and Treasurer 


J. W. Grainger 


Kinston, N. C. 
Goldsboro N C 


P. M. Pearsall 

M L Willis -- 


New Bern, N. C. 


Auditor 


Morehead City, N. C. 





DIRECTORS. 

J. W. Grainger, Kinston, N. C; L. P. Topp, Kinston, N. C: C. T. Watson, New Bern, N. C; 
W. D. Creech, Goldsboro, N. C; D. B. Hooker, Bayboro, N. C; W. H. Bagley, Raleigh, N. C; C. M. 
Busbee, Raleigh, N. C; W. S. Chadwick, Beaufort, N. C; E. C. Duncan, Beaufort, N. C; Dempsey 
Wood, Falling Creek, N. C; C. E. Foy, New Bern, N. C; Henry Weil, Goldsboro, N. C. 



CAPITAL STOCK. 

Capital stock j $ 1,797,200.00 

Bonds ! 325,000-00 

Interest paid during the year 19,500.00 

Interest rate, 6 per cent. 



PROPERTY OPERATED. 

Road leased to Atlantic and North Carolina Company. 



INCOME ACCOUNT. 



Income from lease of road 

Deductions from Income— 

Salaries and maintenance of organization 

Interest on funded debt accrued 

Rents paid for lease of road 

Total deductions from income 

Net income 



82, 779. 52 

1,200.00 

19,500.00 

8,163.52 

28,863.52 



28,863.52 



53,916.00 



280 



N. C. CORPORATION COMMISSION. 



Atlantic and North Carolina Company. 

(Lessee.) 
OFFICERS. 



Title. 



Name. 



Location of Office. 



President 

Secretary 

Treasurer 

Attorney 

Auditor 

General Manager 

Superintendent 

Traffic Manager 

Land and Industrial Agent 



Frank S. Gannon 
Walter B. Gwyn- 

Matt Manly 

Walter B. Gwyn- 

W. L. Bird 

R. P. Foster 

S. L. Dill 

R. E. L. Bunch — 
Fred. L. Merritt- 



135 Broadway, N. Y. 
Asheville, N. C. 
Goldsboro, N. C. 
Asheville, N. C. 
Goldsboro, N. C. 
Goldsboro, N. C. 
New Bern, N. C. 
Goldsboro, N. C. 
Norfolk, Va. 



DIRECTORS. 

Marsden J. Perry, Providence, R. I.; Samuel P. Colt, Providence, R. I.; William L. Bull, New 
York, N. Y.; Frank S. Gannon, New York, N. Y.; Oakleigh Thorne, New York, N. Y.; Walter B. 
Gwyn, Asheville, N. C. 

PROPERTY OPERATED. 

From Goldsboro, N. C, to Morehead City, N. C„ 94.71 miles. 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Due from agents 

Due from solvent companies and individuals 

Other cash assets 

Total cash and current assets 

Balance current liabilities 

Total 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Rents due July 1 

Miscellaneous 

Total current liabilities 

Total 



006. 90 
477.43 
010.10 
215.05 



100, 
357, 



709.48 
765. 60 



458, 475. ( 



380,021.69 


24,718.84 


14,383.27 


3,473.46 


26,958.00 


8,919.82 


458,475.08 



458, 475. 08 



ATLANTIC AND NORTH CAROLINA COMPANY. 



281 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 



Expenditures 
During Year 
not included in 
Operating- 
Expenses, 
Charged to 
Construction 
or Equipment. 



Total Cost 

to June 30, 

1905. 



Total Cost 

to June 30, 

1906. 



Construction— 

Engineering ±- 

Right-of-way and station grounds 

Grading 

Bridges, trestles and culverts 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track-laying and surfacing 

Crossings, cattle-guards and signs 

Interlocking or signal apparatus 

Station buildings and fixtures 

Shops, roundhouses and turntables 

Shop machinery and tools 

Water stations 

Fuel stations 

Miscellaneous structures 

Total construction 

Equipment— 

Locomotives 

Passenger cars 

Baggage, express and postal cars 

Freight cars 

Other cars of all classes 

Discount and commission : 

Total equipment 

Total construction 

Grand total construction, equipment, etc. — 

Total cost construction, equipment, etc- 
State of North Carolina 



$ 49.82 

1,085.55 

688.38 

35,418.40 

1,873.95 

30, 085. 52 

4,212.46 

2, 008. 57 

1,072.72 

2,220.07 

49.65 

10.06 

17, 380. 95 



$ 9,229.45 

1,760.21 



4, 592. 10 

65.14 

7,700.45 



108,513.79 



8,663.05 

30,419.47 

11,768.16 

43,812.95 

124.52 



94,797.15 
108,513.79 



203,310.94 



203,310.94 



7,616.36 

434. 15 

7, 040. 56 

1,159.04 

780.80 

16.39 

813.97 



144.00 
476.20 

26.02 
383. 76 
413.40 
298. 50 

32.70 



30, 625. 51 



33, 024. 69 
483.46 
555. 00 



34, 063. 15 
30,625.51 



64, 688. 66 



64,688. 



9,279.27 

2,845.76 

688.38 

43,034.76 

2,308.10 

37,126.08 

5,371.50 

2,789.37 

1,089.11 

3,034.04 

49.65 

154.06 

17, 857. 15 

26.02 

4, 975. 86 

478.54 

7,998.95 

32.70 



139, 139. 30 



8,663.05 

30,419.47 

11,768.16 

76, 846. 64 

607.98 

555.00 



128,860.30 
139,139.30 



267, 



.HO 



267, 



,60 



-2S2 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Interest on bonds owned 

Miscellaneous income 

Income from other sources 

Total income 

Deductions from Income — 

Interest on interest-bearing current liabilities, etc 

Rents paid for lease of road 

Taxes -, 

Other deductions 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1906 

Deficit on June 30, 1905 [from " General Balance Sheet," 1905 Report] 
Deficit on June 30, 1906 [for entry on " General Balance Sheet "] 



$ 407,694.39 
252,955.25 



7,200.00 
45.93 



15,401.52 
73,416.00 
8,499.96 
8,289.20 



154,739.14 



7,245.! 



161,985.07 



105. 



56, 
56. 

175. 
119. 



606. 58 
378.49 
378. 49 
590.10 
211.61 



ATLANTIC AND NORTH CAROLINA COMPANY 



283 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 



Mail- 



Deductions, 
Total Account of Actual Earn- 

Receipts. Repayments, ings. 

Etc. 



Passenger— 

Passenger revenue $ 

Less repayments— 

'Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 



138,280.60 



S 469.92 

1,890.70 
1.378.93 
3,739.55 



Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total passenger and freight earnings - 
Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment— balance 

Rents not otherwise provided for 

Other sources 

Total other earnings 



241,392.46 



1,906.65 
6,931.60 



,838.25 



Total gross earnings from operation — North 
Carolina 



134,541.06 

9,497.79 

20,641.61 

1,922.39 

150. 00 



166,752.85 



232,554.21 
399,307.06 



3,600.55 

404. 88 

1,298.36 

3,083.54 



8,387.33 



407,694.39 



284 



IS". C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 

Maintenance of Way and Structures— 

Repairs of roadway 

Renewals of rails 

Renewals of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals of fences, road crossings, signs and cattle-guards 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Stationery and printing 

Other expenses 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhouse men 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow and waste for locomotives 

Other supplies for locomotives 

Train service 

Train supplies and expenses 

Switchmen, flagmen and watchmen 

Telegraph expenses 

Station service 

Station supplies 

Car per diem and mileage— balance 

Total carried forward 



Amount. 



$ 37,236.27 


1,421.39 


7, 655. 33 


2,386.98 


425.61 


3,589.33 


1,310.27 


. 168.79 


6.55 


54,200.52 


2,326.92 


16,539.94 


8,632.55 


7,068.23 


745.78 


2,327.66 


130.83 


2,531.39 


40,303.30 


10,864.51 


16,390.43 


29, 747. 52 


1,801.22 


524.78 


69.21 


10,947.24 


3,603.26 


4,344.09 


790.28 


28,174.08 


2,253.45 


3,605.44 



113,115.51 



ATLANTIC AND NORTH CAROLINA COMPANY. 



285 



OPERATING EXPENSES-Continued. 



Item. 

Conducting Transportation— Continued. 

Total brought forward 

Loss and damage 

Injuries to persons 

Clearing wrecks 

Advertising 

Outside agencies 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— entire line 



Amount. 



113,115.51 

4,734.27 
4,591.59 

983.29 
3,028.45 
2,401.05 

362. 68 

4,217.60 

47.25 



133,481.69 


8,373.87 


8,809.27 


2,044.38 


1,958.15 


2,413.51 


1,250.11 


120.45 


24,969.74 


54,200.52 


40,303.30 


133,481.69 


24,969.74 



252,955.25 
62.04 



286 



N". C. CORPORATION" COMMISSION". 



RENTALS PAID. 

A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Interest on 

Bonds 
Guaranteed. 


Cash. 


Total. 




$ 19,500.00 


$ 53,916.00 


$ 73,416.00 






19,500.00 


53,916.00 


73,416.00 





B. RENTS PAID FOR TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 

Using 
Property Leased. 


Item. 


Total. 


Terminals— 

Union passenger 


Goldsboro, N. C. 


Paid to A. C. Line R. R.— 


$ 90. 00 








Total 


90.00 
















$ 90.00 











COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30, 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$ 30,625.51 

34,063.15 

107,766.55 

1,000.00 

65,782.20 

64,118.91 




$ 139,139.30 

128,860.30 

107,776.55 

2,890.10 

100,709.48 

36,387.74 
119,211.61 


$ 108,513.79 
94, 797. 15 


$ 












1,890.10 
34,927.28 








OTHER ASSETS. 


27, 731. 17 


175, 590. 10 






56,378.49 








478, 956. 42 


634,975.08 


240,128.32 


84,109.66 




LIABILITIES. 




176,500.00 
302, 456. 42 


176,500.00 

458,475.08 








156,018.66 








478,956.42 


634,975.08 


156,018-66 











ATLANTIC AND NORTH CAROLINA COMPANY. 



287 



EMPLOYEES AND SALARIES-State of North Carolina. 



Class. 



Number. 



Total Total 

Number Yearly 

of Days Compensa- 

Worked. ! tion. 



Average 
Daily 
Compensa- 
tion. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Switch tenders, crossing tenders and watchmen-- 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (including "General Officers") —North 
Carolina 

Less "General Officers" 

Total (excluding "General Officers")— North 
Carolina 

Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers''")— North 
Carolina 

Less "General Officers" 

Total (excluding "General Officers")— North 
Carolina 

Total (including "General Officers")— entire 
line 



422 
2 



420 



113 



422 
2 



91 
087 
014 
415 
142 
512 I 
779 | 
191 
104 
658 
905 
523 j 
392 
749 
629 
730 ! 
971 



750.00 

14,098.26 

11,010.38 

7,750.59 

21,024.79 

12,535.07 

4,333.51 

6,197.21 

7,539.01 

5,819.43 

6,865.86 

17,195.50 

8,728.62 

25,774.48 

2,965.29 

1,890.00 

7,868.21 



8.24 
4.57 
1.83 
1.21 
1.16 
3.57 
1.15 
1.94 

.93 
2.19 
1.76 
1.49 
1.62 
1.00 

.82 
2.59 
1.13 



112, 892 
91 



162,346.21 
750.00 



1.44 



112,801 



161,596.21 



9,192 
31,141 
18,086 

54,473 



25,858.64 
34, 503. 10 
29, 880. 79 
72,103.68 



2.81 
1.11 
1.65 
1.32 



112,892 
91 



162,346.21 
750.00 



1.32 
8.24 



420 



112,801 



161,596.21 



162,346.21 



1.43 
1.32 



288 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road — 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



215,951 
5,343,748 



56,250 
24.74 



270, 182 
,564,769 
90, 155 
31.69 



Dollars. Cts. 



134, 541 



166, 752 
1,755 

1 



232,554 



232, 554 

2,447 

2 

407,694 

4,291 

1 

252, 955 

2,662 

1 

154,739 

1,628 



Mills. 



301 
518 



956 



073 
715 



182 



643 



737 



ATLANTIC AND NORTH CAROLINA COMPANY. 



289 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina. 
COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Products of Agriculture — 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton — 

Fruit and vegetables 

Products of Animals— 

Live-stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Hides and leather 

Products of Mines— 

Anthracite coal 

Bituminous coal 

Coke 

Stone, sand and other like articles 

Products of Forests— 

Lumber 

Manufactures— 

Petroleum and other oils 

Sugar 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet-metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc. 

Wines, liquors and beers 

Household goods and furniture 

Merchandise 

Other commodities not mentioned above, 
Total tonnage— entire line 



Freight 

Originating 

on this 

Road. 



Whole Tons. 

2,200 

525 

573 

386 

5,609 

6,279 

2,923 

61 
135 
58 
3,201 
04 

289 
1,397 



124,801 

1,472 
65 

350 
1,398 

674 



14,642 

5 

119 

52 

328 

6,831 

31,816 



Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 



Total Freight Tonnage. 



Whole Tons. , Whole Tons. 



1,772 

2,886 
650 

1,447 

463 

53 

3,808 

350 

789 
01 
04 



206,193 j 



300 
12,912 



959 



7,976 



391 

398 

918 

807 

378 

5,244 

271 

92 

191 

339 

7,954 

11, 692 

63, 989 



3,972 
3,411 
1,223 
1,833 
6,072 
6,332 
6,731 

411 
924 

59 
3,205 

04 

589 
14,309 

82 
959 

132,777 

2,334 

456 

748 

2,316 

1,481 

378 

19,886 

276 

211 

243 

667 

14, 785 

43,508 

270, 182 



Per Cent. 

1.47 
1.22 

.45 



Corp. 2 19 



290 



N. C. CORPORATION COMMISSION. 



Atlantic and Western Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




W J Edwards 


Sanford N C 


Treasurer and Traffic Manager 


H. P. Edwards 


Sanford, N. C. 



DIRECTORS. 

W. J. Edwards, W. A. Monroe, W. B. Moffitt, Sanford, N. C. 



PROPERTY OPERATED. 



Sanford to Broadway (miles) 



9.00 



CAPITAL STOCK. 



Capital stock 

Funded debt 

Cost of road and equipment 

Gross earnings 

Operating expenses 

Taxes paid 

Employees 



28,900.00 

21,842,61 

53,978.30 

8,544.47 

8,765.33 

160.03 

15 



CALDWELL AND NORTHERN RAILROAD COMPANY. 



291 



Caldwell and Northern Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 

Secretary 

Treasurer 


Wm. A. Barber 

J. J. McLure 

M. S. Lewis--- 


New York, N. Y. 
Chester, S. C. 
Chester, S. C. 
Chester S. C. 




J R Hall - 


Chester S C 




L. T. Nichols 

E F Reid - 


Chester, S. C. 


General Freight Agent 

General Passenger Agent 


Chester S C 


E F Reid - - 


Chester S C 







DIRECTORS. 

Wm. A. Barber, New York, N. Y.; Joseph B. Handy, New York, N. Y.; William M. Williams, 
New York, N. Y.: J. R. Erwin, Lenoir, N. C. 



ROAD OPERATED. 



Lenoir to Edgemont, N. C. (miles )- 

Capital stock 

Cash assets— balance 

Gross earnings 

Miscellaneous items 

Operating expenses 

Interest 

Taxes 

Net income 

Surplus, June 30, 1905 

Additions for year 

Surplus, June 39, 1906 



23-50 

89,200.00 

9, 639. 69 

33,554.03 

52.24 

25,192.93 

24.00 

480.00 

7, 909. 34 

1,894.77 

110. 58 

9,914.69 



Extension of road under construction. 



292 



X. C. CORPORATION COMMISSION. 



Cape Fear and Northern Railway Company. 

OFFICERS. 



Title. 



Chairman of the Board and Vice-President 

President 

First Vice-President 

Secretary-Treasurer and General Manager 

Traffic Manager, General Freight Agent, General 
Passenger Agent and General Ticket Agent-- 

Attorney 

Auditor 

Chief Engineer and Superintendent 



Name. 



J. E. Stagg 

B.N. Duke 

J. E. Stagg 

J. C. Angier 

J. C. Angier — 
H. E. Norris—. 
T. F. Wilkinson 
G. E. Lemmon- 



Location of Office. 



Durham, N. C. 
New York, N. Y. 
Durham, N. C. 
Apex, N. C. 

Apex, N. C. 
Raleigh, N. C. 
Angier. N. C. 
Apex, N. C. 



DIRECTORS. 

J. E. Stagg, Durham, N. C. ; George W. Watts, Durham, N. C. ; J. C. Kilgo. Durham, N. C; 
J. C. Angier, Apex, N. C; H. E. Norris, Raleigh, N. C; T. F. Wilkinson, Angier, N. C; B. N. Duke, 
New York, N. Y. 



PROPERTY OPERATED. 



The Cape Fear and Northern Railway from Apex, N. C, to Dunn, N. C. (miles) 

(From July 1, 1905, to December 31, 1905— January 1, 1906, merged into Durham and 
Southern Railway). 



37.97 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 



Cash 

Total cash and current assets 

Balance current liabilities 

Total 

LIABILITIES 

Loans and bills payable 

Total current liabilities 



Amount. 



489. 24 



489.24 
150,468.19 
150,957.43 



150, 957. 43 



150,957.43 



CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



293 



CAPITAL STOCK. 



Capital stock (20 miles) 

Cost of equipment 

Cost of construction and equipment 



100,000.00 

32,111.59 

282, 300. 26 



INCOME ACCOUNT. 

FOR SIX MONTHS. 





$ 30,543.75 
19,049.14 
















$ 11,494.61 
12,401.18 






Deductions from Income— 


3,812.52 
2,498.19 








6,310.71 
6,090.47 






Dividends 


7,793.43 


Total - — -. 




7,793.43 
1,702.96 

47, 158. 10 
45,455.14 






Surplus on June 30, 1905 [from "General Balance Sheet," 1905 Re- 








J 





294 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION. 

SIX MONTHS. 



Item. 



Passenger— 

Total passenger revenue 

Mail 

Express 

Total passenger earnings 

Freight— 

Freight revenue 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 



Actual 
Earnings. 



$ 6,264.36 


837.68 


209.28 
7,311.32 


23,232.43 


23,232.43 



23,232.43 
30,543.75 



OPERATING EXPENSES. 

SIX MONTHS. 



Item. 



Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 



Amount. 



$ 7,057.91 

1,457.11 
7,634.63 
2,899.49 



19,049.14 



CAPE FEAE AND NORTHERN RAILWAY COMPANY. 



295 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30, 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$ 249,595.77 
32,095.44 




$ 250,188.67 

32,111.59 

10,671.57 

489.24 

3,784.83 


$ 592.90 

16.15 

2,461.75 


$ 




•8,209.82 






9,790.44 




9,301.20 




OTHER ASSETS. 






3,894 64 


109.81 










303, 586. 11 


297,245.90 




6,340.21 


LIABILITIES. 






100,000.00 


100,000.00 

150,957.43 

833.33 

45,455.14 






150, 094. 52 




862.91 




6, 333. 49 




5, 500. 16 
1,702.96 


47,158-10 














303,586.11 


297,245.90 




6,340.21 







296 



N. C. CORPORATION COMMISSION. 



Carolina and Northwestern Railway Company. 



OFFICERS. 



Title. 



Chairman of the Board 

President 

Secretary 

Treasurer 

General Counsel 

Auditor 

General Manager 

Superintendent of Telegraph 

General Freight and Passenger Agent 



Name. 



W. A. Barber 
W. A. Barber 
J. J. McClure 
M. S. Lewis - 
J. H. Marion 
J. R. Hall — 
L. T. Nichols . 
C. P. Adams- 
E. F. Reid— - 



Location of Office. 



New York, N. Y. 
New York, 5 Nassau St. 
Chester, S. C. 
Chester, S. C. 
Chester, S. C. 
Chester, S. C. 
Chester, S. C. 
Washington, D. C. 
Chester, S. C. 



DIRECTORS. 

T. H. White, Chester, S. C; J. H. Marion, Chester, S. C; J. F. Wallace, Yorkville, S. C; George 
A. Gray, Gastonia, N. C; J. A. Martin, Hickory, N. C; John F. Love, Gastonia, N. C; Samuel 
Harden, Lowrysville, S. C. 



PROPERTY OPERATED-State of North Carolina. 



Carolina and Northwestern Railway, from N. C. State Line to Lenoir, N. C, includ- 
ing 9.20 miles Newton to Hickory (miles) 



Entire line— Chester, S. C, to Lenoir, N. C. (miles) 



73.00 
110-00 



CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



297 



CAPITAL STOCK-FUNDED DEBT. 



Capital stock 

Funded debt 

Capital stock— per mile 

Bonds— per mile 

Mileage 

Cost of road, equipment and permanent improvements to June 30, 1906 — entire line 

Cost of equipment to June 30, 1906 — entire line 

Equipment— trust obligations 



$ 1,404,250.00 

1,500,700.00 

13,929.00 

14,890.00 

100.80 

2, 859, 913. 34 

136,575.04 

820.96 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Remittances in transit 

Total — cash and current assets 

Total 

LIABILITIES 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Taxes accrued 

Total— current liabilities 

Balance— cash assets 

Total 



Amount. 



$ 18, 334. 48 

11,690.63 

10,062.61 

84,975.85 

7, 023. 94 

132,086.51 



132,086.51 



1,540.26 

15, 858. 46 

10,330.74 

9,818.32 

3,226.05 



40,773.83 
91,312.68 



132,086.51 



298 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT-Entire Line. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Miscellaneous income 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Interest on current liabilities 

Taxes 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1906- 

Surplus on June 30, 1905 

Deductions for year 

Surplus on June 30, 1906 



$ 326,831.03 
194,263.98 



75,081.42 

211.09 

8,800.00 



$ 132,557.05 

513. 76 

133, 070. 81 



84,092.51 



48,978.30 
48,978.30 
53,111.35 
5,680.11 
96,409.54 



EXPENSES-Entire Line. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Operating Expenses— State of North Carolina- 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina - 



$ 48, 340. 37 


20,399.41 


114,760.28 


10,763.92 


194,263.98 


31,904.65 


13,463.61 


75,741.78 


7,104.19 


128,214.23 


59.44 



CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



299 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 


ASSETS. 


June 30, 1906. 


Year Ending June 30, 1906. 


Total. 


Total. 


Increase. 


Decrease. 


$ 2,723,338.30 
136,575.04 
109,635.93 

7,940.00 
26,153 92 




$ 2,723,338.30 
136,575.04 
132,086.51 

7,940.00 

30,056.95 

7,244.57 

558.35 

4,943.70 


$ 


$ 








22,450.58 




OTHER ASSETS. 






3,903.30 

7,244.57 

19.40 

2,398.90 










538 95 






2,544.80 
800 07 


Unadjusted claims, suspense 




800 07 


20,900.00 


NOTES PAYABLE. 


20,900.00 














3,063,643.42 


36,016.48 






LIABILITIES. 




1,404,250.00 

1,502,505.92 

47,659.74 

20,900.00 
53,111.35 


1,404,250.00 

1,501,520.96 

40,562.92 

20,900.00 
96, 409. 54 










984 96 






7, 096. 82 


NOTES PAYABLE. 






43,298.19 








3,028,427.01 


3,063,643.42 


35,216.41 









300 



K". C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road--- 

Average distance haul of one ton— miles — 

Total freight revenue 

Average amount received for each ton of freight — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, etc. 



144,369 

2,273,812 

20,671 
15.75 



181,778 
4,967,895 
45, 162 
26.19 



Columns for Revenue 
and Rates. 



Dollars. 



70, 125 



81,512 
741 



243,105 
1 



243, 105 

2,210 

2 

326,821 

2,971 

1 

194,263 

1,766 

1 

132,557 

1,205 



Cts. 



Mills. 



504 
128 



922 



743 



758 



03 

09 

77 ! 720 



CAR., GLENN ANNA AND PEE DEE EY. AND DEVELOPMENT CO. 301 



Carolina, Glenn Anna and Pee Dee Railway and Development 

Company. 



OFFICERS. 



Title. 



President and General Manager - 
Secretary and Treasurer 



Name. 



Location of Office. 



Dee Allen High Point, N. C. 

George B. Cowper j High Point, N. C. 



DIRECTORS. 

Dee Allen, W. I. Van Brunt, M. L. Jones, F. I. Griswold, S. D. Harding, George B. Cowper, 
H. A. Migraw. 



PROPERTY OPERATED. 



Thomasville, N. C, to Denton, N. C. (miles). 



20.00 



CAPITAL STOCK. 



Capital stock 
Cost of road - 



$ 125, 000. 00 
100,000.00 



302 



N. C. CORPORATION COMMISSION. 



Carthage Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President and General Manager 


W. C. Petty, acting ! Carthage, N. C. 









DIRECTORS. 

W. T. Jones, George C. Graves, James T. Mclver, L. P. Tyson, A. H. McNeill, C. J. Shaw, 
Carthage, N. C. 



PROPERTY OPERATED. 



Carthage Railroad — from Cameron to Hallison (miles) 



18.50 



The Carthage Railroad was leased to W. C. Petty for a term of 97 years, from 1890, who has 
exclusive control of the road. 



CAPITAL STOCK 

Capital stock 

Capital stock per mile 

Equipment 

Construction 

Construction and equipment per mile 



S 16,050.00 

85.76 

11,000.00 

68,400.00 

4,291.89 



CARTHAGE RAILROAD COMPANY. 



303 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Deductions from Income— 

Rents paid for lease of road 

Taxes 

Total deductions from income- 
Net income 

Surplus, year ending June 30, 1906 

Surplus on June 30, 1905 

Additions for year 

Surplus on June 30, 1906 



$ 31,377.37 
17,388.23 



1,440.00 
531.06 



13,989.14 



12,018.08 
12,018.08 
42,163.26 
12,018.08 
54,181.34 



OPERATING EXPENSES. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 



$ 4,570.08 

1,762.62 
5,466.21 
5,589.32 

17,388.23 



304 



N. C. CORPORATION COMMISSION. 



Cashie and Chowan Railroad and Lumber Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President and General Manager 

Treasurer 


J. T. Deal 

J. C. Johnson 


Norfolk, Va. 
Norfolk, Va. 



DIRECTORS. 
J. T. Deal, J. C. Johnson, Ira Johnson, E. P. Gill, W. H. Taylor, Norfolk, Va. 



PROPERTY OPERATED. 



Swamp to Howard, mill (miles) 



.00 



CAPITAL STOCK. 

Capital stock 

Cost of road 

Cost of road per mile 

Cost of equipment 

Cost of equipment per mile 

Earnings and expenses not given 



$ 50,000.00 

17,500.00 
1,346.15 
3,675.00 

282. 69 



CHOWAN AND AULANDEE RAILROAD. 



305 



Chowan and Aulander Railroad. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




P D Camp - - 




Secretary and Treasurer 

General Manager 















DIRECTORS. 
P. D. Camp, R. J. Camp, J. L. Camp, J. C. Parvin, J. C. Williams. 



PROPERTY OPERATED. 



From Chowan River to Lewiston (lumber road) 



30 miles. 



CAPITAL STOCK. 



Capital stock 

Cost of road 

Cost of equipment - 

Gross earnings 

Operating expenses 

Employees, 80. 



$ 30,000.00 

24,000.00 
11,500.00 
16,512.62 
22,417.84 



Corp. 2- 



-20 



306 



N. C. CORPORATION COMMISSION". 



Cliffside Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




B. D. Heath 

W. C. Heath 


Cliffside N C 


General Manager and Passenger Agent 


Cliffside, N. C. 
Cliffside N C 




John M Scott 


Cliffside N C 






Cliffside N C 









DIRECTORS. 

B. D. Heath, Charlotte, N. C; R. R. Haynes, Cliffside, N. C; T. B. Lovelace, Henrietta, N. C. 
John M. Scott, Charlotte, N. C; W. C. Heath, Monroe, N. C. 



CAPITAL STOCK, ETC. 



Capital stock 

Capital stock per mile 
Cost of road 

Cost of equipment 



16,000.00 
5,333.33 

13, 600. 00 
1,400.00 



DANVILLE AND WESTERN RAILWAY COMPANY. 



307 



Danville and Western Railway Company. 

OFFICERS. 



Title. 



President and Chairman of Board 
Secretary 

Treasurer 

Auditor 

General Superintendent 



Name. 



A. B. Andrews — 

H. W. Miller 

C. L. Booth 

T. B. Cowper — 
Theodore Parker 



Location of Office. 



Raleigh, N. C. 
Raleigh, N. C. 
Danville, Va. 
Danville, Va. 
Danville, Va. 



DIRECTORS. 

A. B. Andrews, H. W. Miller, Raleigh, N. C; W. G. Lee, J. D. Sparrow, Pannill Rucker, Mar- 
tinsville, Va.; J. P. Swanson, R. A. Schoolfield, Danville, Va.; D. W. Spencer, Spencer, Va.; J. H. 
Rangeley, Stuart, Va. 



PROPERTY OPERATED. 



From— 


To- 


Miles. 






5.00 




Stuart Va 


70.37 






7.63 








Total- — --- 


83.00 









5 miles operated under trackage rights. 



CAPITAL STOCK. 



Capital stock 

Funded debt 

Current liabilities 

Cost of road and equipment 

Gross earnings 

Gross earnings in North Carolina 

Operating expenses 

Operating expenses in North Carolina - 
Taxes paid North Carolina 

Employees, 289— North Carolina, 56 



368,600.00 

1,052,000.00 

803,617.76 

1,566,784.95 

208, 816. 02 

19,211.07 

148,406.58 

13,653.40 

312. 64 



308 



H". C. CORPORATION COMMISSION. 



Dover and Southbound Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




W. A. Wimsatt 

D. W. Richardson 

W. B. H. Blandford 


Washington, D. C. 
Dover, N. C. 
Dover N. C 


General Manager 




N. S. Richardson 


Dover, N. C. 





DIRECTORS. 

W. A. Wimsatt, W. A. H. Church, E. S. Johnson, D. W. Richardson. 



PROPERTY OPERATED. 



From Dover, N. C, to Richardson, N. C. (miles) 



24.60 



This road is operated under charter of Goldsboro Lumber Company. 



CAPITAL STOCK. 



Capital stock -- 
Gross earnings- 



$ 100,000.00 
9,840.00 



DURHAM AND CHARLOTTE RAILROAD COMPANY. 



309 



Durham and Charlotte Railroad Company. 

OFFICERS. 



Title. 



Name. 



Location of Office. 



President and Chairman of Board 

General Supt., Freight, Passenger, Ticket 
and Baggage Agent 

Auditor 

Treasurer 

General Solicitor 

Chief Engineer 



John B. Lening -- 

Frank D. Jones — 
John H. Kennedy 

W. C. Cornell 

W. A. Guthrie-— 
John L. Tull 



Bridesburg, Pa. 

Gulf, N. C. 
Gulf, N. C. 
Bridesburg, Pa. 
Durham, N. C. 
Gulf, N. C. 



John B. Lening, Bridesburg, Pa. 
N. C; Wm. Peay, Durham, N. C. 



DIRECTORS. 

Julian S. Carr, Durham, N. C; Wm. A. Guthrie, Durham, 



PROPERTY OPERATED. 



Gulf to Little River (miles) 

Capital stock 

Gross earnings 

Operating expenses 

Taxes 

Net income 

Equipment 

Cost of construction 

Cost of construction and equipment 

Cost of construction and equipment per mile 

Passenger earnings 

Freight earnings 



10,000.00 

31,238.34 

27,535.94 

902.88 

2,799.52 

12,260.00 

197,503.40 

209,763.40 

5,687.71 

4,847.68 

25,800.06 



310 



N. C. CORPORATION" COMMISSION. 



Durham and South Carolina Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 






Lynchburg, Va. 
Hamlet N C 




W. R. Bonsai 

J A Ford - - 




Lynchburg, Va. 













J. M. Barr, Norfolk, Va 
Bonsai, Hamlet, N. C; Ernest Williams, Lynchburg, Va 



DIRECTORS. 

G. W. Stevens, Richmond, Va.; N. D. Maher, Roanoke, Va.; W. R. 



PROPERTY OPERATED. 



From Durham to Bonsai (miles )- 



30.00 



CAPITAL STOCK. 



Capital stock 
Funded debt - 



$ 300,000.00 
300,000.00 



DURHAM AND SOUTHERN RAILWAY COMPANY. 



311 



Durham and Southern Railway Company. 

OFFICERS. 



Title. 



President 

First Vice-President 

Secretary 

Treasurer 

Auditor 

General Superintendent 
Traffic Manager 



Name. 



B. N. Duke- — 

J. E. Stagg 

F. L. Fuller — 

J. E. Stagg 

E. Thomason -- 

W. Hall 

R. I. Cheatham 



Location of Office. 



Ill Fifth Ave., N. Y. 
Durham, N. C. 
Durham, N. C. 
Durham, N. C. 
Durham, N. C. 
Durham, N. C. 
Durham, N. C. 



DIRECTORS. 

B. N. Duke, 111 Fifth Avenue, New York; Geo. W. Watts, Durham, N. C; C. W. Toms, Durham, 
N. C; F. L. Fuller, Durham, N. C; Lawrence S. Holt, Burlington, N. C; A. B. Duke, Durham, N. 
C; J. B. Mason, Durham, N. C; W. A. Erwin, Durham, N. C; R. I. Cheatham, Durham, N. C; J. 
C. Angier, Durham, N. C; J. E. Stagg, Durham, N. C. 



PROPERTY OPERATED. 





Terminals. 


Miles of Line 

for Each Class 

of Roads 

Named. 


From— 


To— 




East Durham, N. C. 


Dunn, N. C 

East Durham, N. C. (S. A. L.) 


58.60 miles. 
2. 10 miles. 


Durham, N. C. - 





312 



N. C. CORPORATION COMMISSION. 



RECAPITULATION. 



Capital stock 

Balance— current liabilities - 



$ 600,000.00 
352,744.18 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 



Total Cost to 
June 30, 1906. 



Total equipment 

Total construction 

Grand total construction, equipment, etc 

Cost of construction per mile of line 

Cost of equipment per mile of line 

Total cost per mile of line 



$ 231,678.52 
1,001,740.50 



1,233,419.02 



17,094.55 
3,953.56 



21,048.11 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Deductions from Income — 

Interest on interest-bearing current liabilities, etc 

Taxes 

Deficit 

Deficit on June 30, 1906 [for entry on "General Balance Sheet"] 



$ 44,764.44 
43,643.05 



1,121.39 



8,696.79 
1,249.96 



8,825.36 
8,825.36 



For six months from January 1, 1906, to June 30, 1906. 



DURHAM AND SOUTHERN RAILWAY COMPANY. 



313 



EARNINGS FROM OPERATION. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$ 5,807.65 


$ .50 
37.80 
29.35 








Less repayments— 


























67.65 














$ 5, 740. 00 


Mail - - _ 


835. 74 
81.60 
20.90 




















938.24 




6,678.24 


Freight— 


32,142.69 




Less repayments— 


32,142.69 










32,142.69 










38,820.93 


Other Earnings from Operation— 

Car per diem and mileage— balance - - - . 


5,832.75 

11.52 

98.38 

.86 
































5,943.51 








Total gross earnings from operation— North 


44,764.44 

6, 045. 04 

1,815.56 

30, 950. 60 

4,831.85 


Operating Expenses— 

Maintenance of way and structures -- - 






























Grand total - __________ 


43,643.05 
97.49 


Percentage of expenses to earnings - _ 









314 



N. C. CORPORATION" COMMISSION". 



COMPARATIVE GENERAL BALANCE SHEET. 



Cost of road 

Cost of equipment 

Cash and current assets 

Material and supplies 

Profit and loss 

Grand total 

LIABILITIES. 

Capital stock 

Current liabilities 

Due the Cape Fear and Northern Railway Company 
Grand total 



Total 
June 30, 1906. 



1,001,740.50 

231,678.52 

22,118.22 

10,499.80 

8,825.36 



1,274,862.40 

600,000.00 
374,862.40 
300,000.00 



1,274,862.40 



EAST CAROLINA RAILWAY COMPANY. 



315 



East Carolina Railway Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 




Henry Clark Bridgers 

W Rutland — - 


Tarboro N C 


Auditor and General Superintendent 


Tarboro N C 


R R Bridgers - 


Tarboro N C 






Tarboro N C 









DIRECTORS. 

H. C. Bridgers, Tarboro, N. C; J. L. Bridgers, Tarboro. N. C; J. Pender, Tarboro, N. C; H. P. 
Foxball, Tarboro, N. C; R. L. Davis, Tarboro, N. C. 



PROPERTY OPERATED. 



From Tarboro to Farmville (miles) 



24.5 



CAPITAL STOCK. 



Capital stock authorized 

Capital stock paid up 

Current liabilities — balance 

Cost of construction and equipment 

Cost of equipment 

Gross earnings 

Operating expenses 

Passenger earnings 

Freight earnings 

Taxes 

Rents paid for lease of road 

Other deductions 

Net income 



200,000.00 

55,000.00 

106,733.04 

116,200.00 

8,200.00 

55,714.00 

36,334.50 

7,754.57 

47, 959. 43 

707. 81 

6,480.00 

6,803.39 

5,408.30 



Employees, 33. 



316 



N. C. CORPORATION COMMISSION. 



East Tennessee and Western North Carolina Railroad Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 




F. P. Howe 


Philadelphia, Pa. 


Secretary and Treasurer 

Auditor 

Vice-President and Superintendent 


Philadelphia, Pa. 






George W. Hardin 


Johnson City, Tenn. 



DIRECTORS. 

Frank Firmstone, Jno. S. Wise, H. M. Howe, C. Pardee, M. Pitney, F. P. Howe, A. D. Pardee. 



PROPERTY OPERATED. 



Johnson City, Tenn., to Cranberry, N. C. (miles) - 
Cranberry, N. C, to Tennessee State line 



35.00 
3.00 



COST OF ROAD, EQUIPMENT, ETC 

Capital stock entire line 

Capital stock per mile 

Funded debt entire line 

Funded debt per mile 

Cost of road entire line 

Cost of road per mile 

Cost of equipment entire line 

Cost of equipment per mile 

Cost of construction and equipment per mile 

Gross earnings entire line 

Gross earnings per mile 

Operating expenses entire line 

Operating expenses per mile 

Taxes paid 



501, 

14, 

500, 

14, 

820. 

23, 

131, 

3, 

27, 

193, 

5, 

106, 

3, 

3, 



900.00 
340.00 
000. 00 
285.00 
308.90 
437.39 
240.05 
749.72 
187.11 
393.30 
525.52 
048.59 
029.96 
344.48 



LAWNDALE RAILWAY AND INDUSTRIAL COMPANY. 



317 



Lawndale Railway and Industrial Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 


President, Manager and Traffic Manager — 
Treasurer 


H. F. Schenck 

F. J. Ramsaur 


Lawndale. 
Lawndale. 



DIRECTORS. 

H. F. Schenck, F. J. Ramsaur, Lawndale; J. E. Reynolds, New York, N. Y.; G. W. Morgan, Jr. 
New York, N. Y. 



PROPERTY OPERATED. 



Lawndale to Shelby - 



miles. 



CAPITAL STOCK. 



Capital stock 

Cost of road and equipment 

Gross earnings 

Operating expenses 

Employees, 12. 



60,000.00 

60,285.22 

11, 179. 53 

7, 924. 10 



318 



H". C. CORPORATION COMMISSION". 



Linville River Railway Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




M M Ritter - - - 






Isaac T. Mann 

C W Seaman 














General Superintendent 


F R Wilson - 


Saginaw, N. C. 





DIRECTORS. 

M. M. Ritter, Columbus, O.; Isaac T. Mann, Bramwell, W. Va.; James L. Hamill, Columbus, O.; 
C. W. Seaman, Columbus, O.; Edwin Mann, Bluefield, W. Va.; J. M. Barr, Portsmouth, Va. 



PROPERTY OPERATED. 



From Pineola, N. C, to Cranberry, N. C. (miles) 



CAPITAL STOCK, ETC. 



Capital stock 

Funded debt 

Cost of road and equipment- 
Gross earnings 

Gross earnings per mile 

Operating expenses 

Operating expenses per mile 
Taxes paid 

Employees, 32. 



60, 000. 00 

60,000.00 

120,942.06 

32,863.66 

2, 738. 63 

22,960.22 

1,913.35 

279.00 



LOUISVILLE AND NASHVILLE RAILROAD COMPANY. 



319 



Louisville and Nashville Railroad Company. 

OFFICERS. 



Title. 



Chairman of the Board 

President 

First Vice-President 

Second Vice-President 

Third Vice-President 

Fourth Vice-President 

Secretary 

Treasurer 

General Counsel 

General Solicitor 

Comptroller 

Assistant Comptroller 

Auditor of Disbursements 

Auditor of Receipts 

General Manager 

Chief Engineer 

Superintendent of Transportation - 

Traffic Manager 

General Freight Agent 

General Passenger Agent 

General Baggage Agent 



Name. 



Henry Walters 

M. H. Smith 

W. L. Mapother 

A. W. Morriss 

A. R. Smith 

George A. Evans — 

J.H.Ellis 

Wm. W. Thompson - 

H. L. Stone 

E. W. Hines 

Charles Haydon 

Charles A. Lutz 

R. E. Sewell 

George Becker 

B. M. Starks 

W. H. Courtenay — 

C. B. Phelps 

C. B. Compton 

D. M. Goodwyn 

C. L. Stone 

Wm. P. Hines 



Location of Office. 

New York, N. Y. 
Louisville, Ky. 
Louisville, Ky. 
New York, N. Y. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 
Louisville, Ky. 



20 



N". C. CORPORATION COMMISSION". 



ORGANIZATION. 



Name of Directors. 


Post-office Address. 


Date of Expiration of Term. 




New York N. Y. - 


First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 
First Wednesday, Oct., 1906. 


Attilla Cox 






New York N. Y. — - 


Warren G. Elliott 

Alexander Hamilton 


Baltimore, Md. 

Petersburg - , Va. 


D. P. Kingsley 


New York NY 






W. G. Oakman - - 


New York, N. Y 

Atlanta, Ga 

Louisville, Ky. 

New York NY. 


W G Raoul 


Milton H Smith 




J. I. Waterbury 


New York, N. Y 



PROPERTY OPERATED-ln North Carolina 
From State Line, Georgia, to Murphy, N. C. (miles) 

EARNINGS AND EXPENSES-ln North Caroli 

Passenger earnings 

Freight earnings 

Total freight and passenger earnings 

Earnings from other sources 

Total earnings from operation 

OPERATING EXPENSES. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 



13.21 



$ 3,197.71 


9,950.38 


13,148.09 


771.89 



5,919. 



$ 3,311.04 

3,382.70 

7,055.97 

503. 56 



14,253.27 



Percentage of earnings to expenses, 102. 39 per cent. 



MOUNT AIRY AND EASTERN RAILWAY COMPANY 



321 



Mount Airy and Eastern Railway Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 




S A White 


Mt. Airy, N. C. 
New York, N. Y. 




j E. M. Wiley 

j J A Mills 




Raleigh, N. C. 







PROPERTY OPERATED. 



Mt. Airy, N. C, to Danube, Va.— 5 miles in North Carolina 



19.25 miles. 



CAPITAL STOCK. 



Capital stock— North Carolina 

Funded debt — entire line 

Gross earnings— entire line 

Operating expenses— entire line 

Gross earnings— North Carolina 

Operating expenses— North Carolina 

Earnings per mile 

Expenses per mile 



23, 050. 00 

45, 058. 56 

11,776.10 

9, 608. 82 

3, 060. 00 

1,470.00 

612. 00 

494.00 



Corp. 2 21 



322 



N. C. CORPORATION COMMISSION. 



New Hanover Transit Company. 



OFFICERS. 



Title. 



President 

Treasurer and Secretary 



Name. 



H. C. McQueen. 
W. L. Smith-— 



Location of Office. 



Wilmington, N. C. 
Wilmington, N. C. 



DIRECTORS. 

J. W. Harper, W. Smallbones, W. L. Smith, L. H. Skinner, D. McEachern, H. A. Kune. 



PROPERTY OPERATED. 



Cape Fear River to Carolina Beach 



4 miles. 



CAPITAL STOCK. 



Capital stock 

Cost of road and equipment 

Earnings 

Expenses 

Taxes 



8,850.00 
8,850.00 
1,614.12 
2,135.29 
89.77 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



323 



Norfolk and Southern Railroad Company. 



OFFICERS. 



Title. 



President 

First Vice-President 

Secretary 

Treasurer 

Attorney or General Counsel -- 
Auditor 

General Superintendent 

Division Superintendent 

Superintendent Motive Power 



Name. 



F. S. Gannon 

Morris K. King 

Adrian H. Larkin - 
C. W. Van Voorhis. 
William H. White _. 

W. L. Bird 

M. W. Maguire 

A. M. Hawkins 

J. E. Gould 



Engineer Maintenance of Way j F. L. Nicholson- 



Traffic Manager 

General Freight Agent 

General Passenger Agent 



R. E. L. Bunch 
H. C. Hudgins- 
H. C. Hudgins- 



Location of Office. 

New York. 
Norfolk, Va. 
New York, N. Y. 
New York, N. Y. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
Belhaven, N. C. 
Berkley, Va. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 



DIRECTORS. 

Adrian H. Larkin, New York, N. Y.; Arthur H. Van Brunt, New York, N. Y.: George E. Har- 
grove, New York, N. Y.; Marsden J. Perry, Providence, R. I.; W. L. Bull, New York; S. P. Colt, 
Providence, R. I.; William H. White, Norfolk, Va.; F. S. Gannon, New York; Morris K. King, Nor- 
folk, Va. 



PROPERTY OPERATED-Virginia. 





Terminals. 


Miles of 


Name. 


From— To— 


Line for 

Each Road 

Named. 






North Carolina State 


22.53 




Norfolk, Va. 


Va. Beach South Line— 


20.75 




Norfolk, Va 


Va. Beach North Line— 


24.31 




Clapham Jet., Va. 


Munden Point, Va 


22.14 




Clapham Jet., Va 


Providence Jet. 


7.51 


Total 


97.24 











324 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED-State of North Carolina. 





Terminals. 


Miles of 
Line for 




From— 


To- 


Each Road 
Named. 


Norfolk and Southern Railroad Co. — 


Virginia State Line 

Mackey's Ferry, N. C— 
Mackey's Ferry, N. C— 
Plymouth, N. C 


Edenton, N. C 

Belhaven, N. C. 

Plymouth. N. C 

Washington, N. C. 


52. 96 

29.27 
10.65 
33.22 


Total 


126. 10 












223.34 











NAME OF STEAMERS, THE EARNINGS AND EXPENSES OF WHICH AFFECT 
THE GENERAL BALANCE SHEET. 



Name. 



Steamer Neuse- 



Character of 
Business. 



Freight and Passenger 
Traffic 



do Plymouth 

do M. E. Dickerman 

do N. L. Wagner 

do Haven Belle 

do Comet 

do Lucy 

do R. L. Myers 

do Hatteras 

do Albemarle 

do John W. Garrett 

2 Tugs 

15 Car Floats and Lighters 



__ _do 

-—do 

____do 

—do 

-—do 

—do 

.—do 

— dc 

____do 

Ferry Transfer 

Towing 

Freight 



Title. 

(Owned, 

Leased, Etc.) 



Owned- 

.— do- 



do- 



do - 
do- 
do- 
do-, 
-do-. 
-do- 
-do-. 
-do- 
-do- 
do-. 



State or 
Territory. 



North Carolina, 
do. 
do. 
do. 
do. 
do. 
do. 
do. 
do. 
do. 
do. 
do. 
do. 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



325 



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326 



H". C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS. 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Total — cash and current assets 

Balance — current liabilities 

Total 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts, wages and salaries 

Miscellaneous 

Total — current liabilities 

Total 

Materials and supplies on hand, $45,307.61 



99,446.64 

1,080.00 

35,745.38 

98,728.62 

48,692.42 

283,693.06 

604,555.98 



888,249.04 



771,176.38 

102,898.45 

14, 174. 21 



888,249.04 



888,249.04 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total Amount 
Outstanding. 


Apportionment 
to Railroads. 


Amount Per Mile of Line. 




Miles. 


Amount. 




$ 2,000,000.00 

4,045,000.00 

3,488.48 


$ 2,000,000.00 

4,045,000.00 

3,488.48 


223.34 
223. 34 
223. 34 


$ 8, 954. 00 




18,111.00 
16.00 


Equipment trust obligations 


Total 


6, 048, 488. 48 


6,048,488.48 


223.34 


27,081.00 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



327 






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N". C. CORPORATION COMMISSION. 



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NORFOLK AND SOUTHERN RAILROAD COMPANY. 



329 



INCOME ACCOUNT. 





$ 936,567.39 
700,023.11 
















$ 236, 544. 38 




59,091.20 










59,091.20 








295,635.58 


Deductions prom Income— 


204,895.20 
18,175.57 
38,851.53 


















261,922.30 








33,713.28 
33, 713. 28 

347,334.80 
10,557.97 






Surplus on June 30, 1905 [from "General Balance Sheet," 1905 














370,490.11 







330 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION— State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

Etc. 


Actual 
Earnings. 


Passenger— 


$ 166,366.59 






Less repayments — 


$ 185.40 












185.40 














$ 166,181.19 
8,349.92 


Mail — - 












5,708.62 
914. 84 














203 26 












181,357.63 


Freight— 


350,560.80 






Less repayments- 


3,123.11 












3,123.11 














347, 437. 69 












347, 437. 69 












528, 795. 32 
528, 795. 32 


Total gross earnings from operation— North 














Total gross earnings from operation — entire 


936, 567. 39 











NORFOLK AND SOUTHERN RAILROAD COMPANY. 



331 



OPERATING EXPENSES. 



Item. 

Recapitulation of Expenses— Entire Line— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings—entire line— - 

Operating Expenses— State of North Carolina 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina ■ 



Amount. 



$ 128,771.56 

96, 145. 76 

413,009.01 

62,096.68 



700,023.01 



72,705.71 

54,284.85 

233,189.02 

35,060.41 



395,239.1 



74.74 



332 



N. C. CORPORATION COMMISSION. 



COMPARATIVE GENERAL BALANCE SHEET. 



June 30, 1905. 



Total. 



$ 6,365,260.28 

680,384.57 

6, 300. 00 

168,343.05 

57,522.31 

7,277,510.21 

2,000,000.00 



4,080,915.13 


757,686.64 


73,541.67 


2,822.74 


15,209.23 


347,334.80 


7,277,510.21 



June 30, 1906. 



Total. 



Cost of road 

Cost of equipment 

Stocks owned 

Cash and current assets 

Materials and supplies 

Grand total 

LIABILITIES. 

Capital stock 

Funded debt 

Current liabilities 

Not yet payable 

ACCRUED GENERAL INTEREST. 

Accrued general interest not yet 
payable 

Accrued taxes not yet payable 

Profit and loss 

Grand total 



,384,562.86 

676,749.57 

7,708.09 

283,693.06 

45,307.61 



Year Ending- June 30, 1906. 
Increase. Decrease. 

19, 302. 58 



7,398,021.19 



2,000,000.00 

4,048,488.48 

888,249.04 

73,541.67 

250. 59 

17,001.30 

370,490.11 



1,480.09 
115,350.01 



120, 510. 



130,562.40 



1,792.07 
23,155.31 



3,635.00 



11,914.70 



32,426.65 



2, 572. 15 



7,398,021.19 



120,510.1 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



333 



EMPLOYEES AND SALARIES-State of North Carolina. 



Class. 



Other officers 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Switch tenders, crossing tenders and watchmen-- 

Telegraph operators and dispatchers 

Employees — account floating equipment 

All other employees and laborers 

Total (including "General Officers") — North 
Carolina 

Total (excluding "General Officers") —North 
Carolina 

Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers") — North 
Carolina 

Total (excluding "General Officers") — North 
Carolina 

Total (including "General Officers" — entire 
line 



Number. 



473 



24 
151 



213 



473 
473 



703 



Total 
Number 
of Days 
Worked. 



3,646 

8,996 

8,436 

6,219 

5,612 

6,622 

17,451 

10,968 

12, 493 

15,278 

4,804 

20, 757 

8,274 

1,523 

6,591 

9,810 



147,480 



Total 
Yearly Com- 
pensation. 



17,717.94 
10,795.20 
12,400.92 
20,398.32 

9,203.68 
16,356.34 
26,176.50 
25,665.12 
26,485.16 
22,305.88 

8,190.40 
22, 834. 90 
10,094.28 

5,028.00 

9, 820. 59 
17, 462. 52 



147,480 



7,374 
47,194 
26,546 
66,366 



147,480 



228,047 



Average 

Daily 
Compen- 
sation. 



4.86 
1.20 
1.47 
3.28 
1.64 
2.47 
1.50 
2.34 
2.12 
1.46 
1.79 
1.10 
1.22 
3.30 
1.49 
1.78 



260,935.75 



260, 935. 75 



28, 702. 93 

67,843.29 

54,796.51 

109,593.02 



260,935.75 



33.02 



33.02 



1.44 
2.01 
1.65 



1.76 



1.76 



408, 394. 99 



1.79 



334 



N. C. CORPORATION" COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of 



Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning re venue - 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Total freight revenue 

Average amount received for each ton of freight- — 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Column for 

Number 
Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, Etc. 



945, 130 
19,146,272 

85,727 



582, 101 

32,029,942 

143,413 



Columns for Revenue 
and Rates. 



Dollars. 



$ 294,329 



321,208 
1,438 



615,358 

1 

615,358 

2,755 

2 

936,567 

4,193 

1 

700,023 
3,134 

236, 544 
1,059 



Cts. 



Mills. 



142 
537 



040 



713 
921 



551 



NORFOLK AND SOUTHERN" RAILROAD COMPANY. 



335 



TRAFFIC AND MILEAGE STATISTICS-State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning- revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile 
road 



Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road — 

Total freight revenue 

Average amount received for each ton of freight- -- 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Column for 
Number 

Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, Etc. 



533, 630 
10,810,127 

85,727 



326, 494 

18,084,426 

143,413 



Columns for Revenue 
and Rates. 



Dollars. 



166, 181 



181,357 
1,438 



347,437 

1 

347, 437 

2,755 

2 

528,795 

4,193 

1 

395,239 
3,134 

133, 555 
1,059 



Cts. 



Mills. 



142 
537 



039 



415 
921 



962 



551 



336 



W. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina. 

COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Products of Agriculture— 

Grain 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Peanuts 

Products of Animals— 

Live-stock 

Other packing-house products 

Poultry, game and fish 

Products of Forests— 

Lumber 

Logs 

Wood, ties, staves and shingles 

Manufactures— 

Petroleum and other oils 

Naval stores 

Other commodities not mentioned above 

Total tonnage— North Carolina 

Total tonnage— entire line 



Freight 

Originating 

On This 

Road. 



Whole Tons. 

7,940 

248 

4,979 



Freight 

Received 

From 

Connecting 

Roads and 

Other 
Carriers. 



Whole Tons. 



14,649 i 
19,833 I 
10,694 I 

! 

762 ; 
416 
7,295 

81,067 
57, 809 
18, 147 



58, 090 



283, 455 



513, 104 



1,829 
3,662 



296 

75 
37, 167 



43,029 



68, 997 



Total Freight Tonnage. 



Whole Tons. 

7,940 

248 

4,979 

1,829 

18,311 

19,833 

10, 694 

762 

416 

7,295 

81,067 
57,809 
18, 147 

1,184 

713 

92,257 



Per 



326,484 



Cent. 

2.43 
.08 
1.52 
.56 
5.61 
6.07 
3.28 

.23 

.13 

2.23 

24.83 
17.71 
5.56 



.22 
29.81 



100.00 



582, 101 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



337 



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Corp. 2 22 



338 



ET. C. CORPORATION COMMISSION. 



Norfolk and Western Railway Company. 



OFFICERS. 



Title. 



Chairman of the Board 

President 

Vice-President 

Secretary 

Treasurer 

Comptroller 

Auditor Receipts 

Auditor of Disbursements 

General Manager 

Chief Engineer 

General Superintendent 

Assistant General Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent ! J. W. Cook, Radford Div 

Division Superintendent W. S. Becker, Pocahontas Div 



Name. 



Henry Fink 

L. E. Johnson 

William G. Macdowell 

E. H. Alden 

Joseph B. Lacy 

Joseph W. Coxe 

Walter Macdowell 

Wm. H. Wilson 

N. D. Maher 

Charles S. Churchill 

A. C. Needles 

G. W. Merrill 

E. A. Blake, Shenandoah Div. 
V. A. Riton, Norfolk Div 



Division Superintendent 

Superintendent of Telegraph- 



G. P. Johnson, Scioto Div. 
W. C. Walstrum 



Superintendent of Terminals i E. L. DuBarry 



Freight Traffic Manager 

General Freight Agent 

Assistant General Freight Agent 

General Passenger Agent 

General Ticket Agent 



T. S. Davant 

J. R. Ruffin 

O. Howard Royer- 

W. B. Bevill 

W. B. Bevill 



Location of Office. 



New York, N. Y. 
Roanoke, Va. 
Philadelphia, Pa. 
Philadelphia, Pa. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Crewe, Va. 
Roanoke, Va. 
Bluefield, W. Va. 
Portsmouth, Ohio. 
Roanoke, Va. 
Norfolk, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 



DIRECTORS. 

Henry Fink, New York, N. Y.; W. H. Barnes, Philadelphia, Pa.; Joseph I. Doran, Philadelphia, 
Pa.; Walter H. Taylor, Norfolk, Va.; L. E. Johnson, Roanoke, Va.; John P. Green, Philadelphia, Pa.; 
Samuel Rea, Philadelphia, Pa. ; James McCrea, Pittsburg, Pa.; Wm. G. Macdowell, Philadelphia, Pa.; 
Victor Morowitz, New York, N. Y.; J. B. Trayer, Philadelphia, Pa. 



NORFOLK AND WESTERN RAILWAY COMPANY. 



339 



PROPERTY OPERATED. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To— 


Each Class 
of Roads 
Named. 




Lamberts Point, Va — 

Lynchburg, Va. 

Roanoke, Va.- 




707.27 
115. 43 




Railway — Main Line 








Hagerstown, Md. 


238. 11 






Roanoke, Va. 


Winston-Salem, N. C. — 


121.30 










110 75 










43.49 










100.40 






Portsmouth Jet., O. 

Petersburg, Va. 

Glade Spring, Va. 


Cincinnati andlvorydale 

City Point, Va 

Saltville, Va 


105.92 


1,542.67 




10 00 




9.33 








Hillsboro, 0. 


18.92 
59.16 






Naugatuck, W. Va. 


Kenova, W. Va. — 








Industries 

Durham (Union depot) - 


220.80 






So. Ry. Jet 


318.21 


Southern Railway — 


.43 


Cumberland Valley 
Railroad 


Cumberland Valley R. 
R. Jet 


Hagerstown, Md 


.63 




Cincinnati, Lebanon 
and Northern Rail- 




Cincinnati, 0. (CourtSt.) 

Cincinnati, 0. ( Pearl St. ) 

Columbus, O. (Union 
Station) 


3 62 




Pittsburg, Cincin- 
nati, Chicago and 
St. Louis Railway-- 

B. & 0. and P. C. C. 

and St. L. Ry 




9.00 






.30 






13.98 






Total 


1 874.86 


Mileage in North Car- 


Virginia State Line 

Virginia State Line 




41.69 








45.65 








2.48 




Southern Railway- -- 


Southern Railway Jet 


Durham (Union depot) - 


.43 




Total •--- - 




90.25 











CAPITAL STOCK. 



Description. 


Number of 

Shares 
Authorized. 


Par Value 
of Shares. 


Total Par 
Value 


Total 

Amount 

Issued and 

Out- 
standing. 


Dividends Declared 
During Year. 




Authorized. 


Rate. Amount. 


Capital stock— common- 
preferred 


660,000 
230,000 


$ 100.00 
100.00 


$ 66,000,000 
23, 000, 000 


$ 66,000,000 
23,000,000 


4 $2,578,768.00 
4 919,644.00 


Total 


890,000 


100.00 


89,000,000 


89,000,000 


3,498,412.00 



34-0 



N. C. CORPORATION COMMISSION". 



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341 



FUNDED DEBT-Continued. 

EQUIPMENT TRUST OBLIGATIONS. 

A. GENERAL STATEMENT. 




;42 



N. C. CORPORATION COMMISSION. 



FUNDED DEBT. 

B. STATEMENT OF AMOUNT. 



• 


Cash Paid 
on Delivery 

of 
Equipment. 


Deferred Payments— 
Principal. 


Deferred Payments — 
Interest. 




Series of Other Designation. 


Original 
Amount. 


Amount 
Outstanding. 


Amount 

Accrued 

During 

Year. 


Amount 
Paid 

During 
Year. 


c 

PSPh 


Equip, trust, March 1, 1902 — 

Equip, trust, series "A" 

Equip, trust, series "B" 

Equip, trust, series "C" 

Equip, trust, series "D" 


$1,500,478.00 

234,499.31 

176,085.50 

24,082.92 

23, 407. 00 


$3,500,000.00 
1,000,000.00 
1,000,000.00 
2,000,000.00 
1,000,000.00 
1,000,000.00 
1,000,000.00 


$3,000,000.00 
800,000.00 
800,000.00 
1,800,000.00 
1,000,000.00 
1,000,000.00 
1,000,000.00 


$123,318.33 
34,000.00 
34,666:67 
78,000.00 
16,666.67 
16,666.66 
13,333.34 


$130,000.00 
34,000.00 
36,000.00 
80,000.00 
20, 000. 00 
20,000.00 


4 
4 
4 
4 

4 
4 






4 










Total 


1,958,552.73 


10, 500, 000. 00 


9,400,000.00 


316,641.67 


320,000.00 





CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS 

Cash 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets 

Total — cash and current assets 

Balance— current liabilities 

Total 

CURRENT LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Dividends not called for 

Matured interest coupons unpaid 

Miscellaneous 

Total — current liabilities 

Total 



$ 4,151,422.69 

744,175.66 

1,509,270.95 

398,607.56 

34,723.45 



6,838,200.31 
722,900.96 



7,561,101.27 



1,816,079.45 

1,076,791.93 

7,453.00 

270,390.00 

4,390,386.89 



7,561,102.27 



7,561,102.27 



Material and supplies on hand, $2,404,263.76. 



NORFOLK AND WESTERN RAILWAY COMPANY. 



343 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 



Account. 


Total Amount 
Outstanding. 


Apportionment 
to Railroads. 


Amount Per Mile of Line. 
Miles. Amount. 




$89,000,000.00 

71,289,500.00 

9,400,000.00 


$89,000,000.00 
71, 289, 500. 00 
9,400,000.00 


1,860.88 
1,860.88 
1,860.88 


$ 47,827.00 




38,310.00 




5,051.00 






Total 


169,689,500.00 


169,689,500.00 


91J88.00 







B. FOR MILEAGE OPERATED. 



Norfolk and Western Railway Co. — 

Capital stock 

Funded debt 

Total 

Miles 1 

Amount per mile of line 



$ 89,000,000.00 
80.689,500.00 



169, 689, 500. 00 



91,188.00 



344 



N". C. CORPORATION COMMISSION. 









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NORFOLK AND WESTERN RAILWAY COMPANY. 



345 



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346 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 





$28,581,788.01 
17,159,540.05 
















$11,422,247.96 




13,516.67 

7,475.00 

129,923.46 


















150,915.13 








11,573,163.09 


Deductions from Income — 


3,385,788.33 

735,000.00 

3,175,806.11 


















7,286,504.44 








4,276,568.65 


Dividends— common stock 


2,578,768.00 
919,644.00 






Total - _________ _ ___ 




3,498,412.00 








778,156.65 


Surplus on June 30 1905 [from "General Balance Sheet " 1905] 




3,201,928.03 










179 230.74 










3,800,853.94 







NORFOLK AND WESTERN RAILWAY COMPANY. 



347 



EARNINGS FROM OPERATION-State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

.Etc. 


Actual 
Earnings. 


Passenger— 


$ 60,612.46 


$ 2,456.77 
























$ 58,155.69 
6,820.23 
3,944 34 


Mail- - _____ 






















68,920.26 


Freight— 


397,313.34 


6,606.99 






















390 706 35 












390,706.35 










459,626.61 










3,369 02 










Total gross earnings from operation— North 


462,995 63 










Total gross earnings from operation— entire 


28,581,788.01 









348 



N. C. CORPORATION COMMISSION. 



STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 



Total Par 
Value. 



Rate [ Income 
Per I or Dividend 
Cent. Received. 



Valuation. 



Adjustment Preferred N. & W. Railway $ 

Common, N. & W. Ry 

Norfolk and Portsmouth Belt Line 

Marion and Rye Valley Railway 

New River and Northern R. R 

Guyandot and Tug River R. R 1 

Pocahontas and Western R. R 

Big Stony Railway 

Blackstone and Lunenburg- R. R 

West Virginia and Southwestern R. R 

Durham Union Station 

Total 



8,900.00 
530,800.00 

7, 200. 00 
24,900.00 

5,000.00 
49,400.00 

9,300.00 

4,500.00 

9,400.00 
99,500.00 

8,333.00 



1,757,233. 



416.67 



416.67 



$ 8,900.00 

1,530,800.00 

7,708.09 

3,898.00 

200.00 

4,940.00 

930. 00 

225. 00 

940.00 

5.00 

8,333.33 

1,566,879.42 



B. OTHER STOCKS. 



Name. 



Total Par 
Value. 



Pocahontas Coal and Coke Co. $ 

Virginia Company 

Old Dominion S. S. Co 

Ironton Coal and Iron Co. 

Mutual Fire, Marine and Inland Insurance Co. 

Jamestown Exposition 

Total 

Grand total— A and B 



998,400.00 

100,000.00 

210, 000. 00 

1,218.00 

12,500.00 

14,811.40 



1,336,929.40 



,094,162.73 



Rate 
Per 
Cent. 



Income 

or Dividend 

Received. 



500. 



13, 100. 00 
13,516.67 



Valuation. 



501,400.00 

155,000.00 

158,200.00 

1,000.00 

12,500.00 

14,811.40 



842,011.40 



2,408,890.82 



NORFOLK AND WESTERN RAILWAY COMPANY. 



349 



BONDS OWNED. 

A. RAILWAY BONDS. 



Name. 



Total Par 
Value. 



Rate Income or 
Per Interest Valuation. 

Cent. Received. 



First consolidated mortgage N. & W. Ry 

Beaver Dam R. R. first mortgage 

Virginia Carolina R. R. first mortgage 

Virginia Southern R. R. first mortgage 

Virginia Anthracite Coal & Ry. first mortgage 

Big Stony Ry 

Durham Union Station 

Total 



13,000.00 
23,500.00 
68,000.00 
32, 000. 00 
14,000.00 
197,000.00 
12,008.41 



359,508.41 



1,175.00 

3,400.00 

1,600.00 

700. 00 



600. 00 



7,475.00 



13,000.00 
23,500.00 
68, 000. 00 
32,000.00 
13,300.00 
49,059.35 
12,008.41 



210,867.76 



RENTALS RECEIVED. 

RENTS RECEIVED FROM LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 

Glasgow-Loch Laird, Va. 
Christiansburg, Va 

Norton-Toms Creek 


Name of Company 

Using Property 

Leased . 


Item. 


Total. 


Tracks 


C. & O. Ry. 


$ 5,333.30 

350.00 
4, 369. 85 






Va. Anthracite & Coal 
Ry. 






Va. &S. W. Ry 




Total 


60.00 


$ 10,053.15 


Yard - - - 


Wayne, W. Va. 


R. S. E. L. & G. R. R. - 






Total 


2,567.98 
773.13 

1,223.38 

971.69 

12,843.48 

183.23 


60 00 




Bristol, Va. 

Bristol, Va. 








V. &S. W. Ry 

Wise Terminal Co 

Va. & Ky. R. R 

C. A. & C. Ry.— - - 


















Columbus, O 

Columbus, O 






T. W. V. &0. Ry 




Total 




18 562 89 










Grand total rents 


28,676 04 











MISCELLANEOUS INCOME. 



Item. 



Rent 

Interest — 
Total 



Net 

Miscellaneous 

Income. 



37, 824. 54 
92,098.92 



129, 923. 46 



350 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Operating Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment - 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



$ 3,423,913.43 

4,725,370.50 

8,427,329.63 

582, 926. 49 



17,159,540.05 
60.04 

106,411.61 

90,834.36 

178,458.95 

9,927.77 



385,632.69 
83.29 



RENTALS PAID. 

RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Com- 
pany Owning Property 
Leased. 


Item. 


Total. 






C. & Ry - 


$ 391.01 












Total 




$ 391.01 




Durham N C 




964. 98 
1,185.97 
1,440.97 
49, 792. 69 
16,172.46 
7,278.06 

1,500.00 
29,716.85 
79,118.86 




Durham, N. C. 

Winston-Salem, N. C — 

Hagerstown, Md 

Hagerstown, Md 


Union Depot Co 






C. V. R. R 

W. M. R. R 

Union Depot Co 

B. &0.andP.C. C.&St. 
L. Ry 

P. C. C. &St. L. Ry 

C. L. &N. R. R 






Columbus, O 

Cincinnati, O. 

Cincinnati, O. 




Total 




187, 170. 84 














187,561.85 













NORFOLK AND WESTERN RAILWAY COMPANY. 



351 



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352 



N. C. CORPORATION COMMISSION. 



EMPLOYEES AND SALARIES-State of North Carolina. 



Class. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (including "General Officers") - North 
Carolina 

Less "General Officers" 

Total (excluding "General Officers")— North 
Carolina 

Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers")— North 
Carolina 

Less "General Officers" 

Total (excluding "General Officers")— North 
Carolina 

Total (including "General Officers")— entire 
line 



Number. 



12 
39 
1,132 
16 
29 
46 
46 
10 
28 

8 

21 

12 

101 

4 



1,510 
12 



1,183 
125 
21 
181 

1,510 
12 



20, 173 



Total 
Number 
of Days 
Worked. 



211 



19, 874 

6,042 

10,571 

14,214 

14, 214 

3,415 

9,617 

2,367 

4,670 

4,352 

33, 585 

1,568 

2,132 



130, 517 
211 



130, 306 



20, 770 

42, 103 

7,670 

59, 974 



130, 517 
211 



130,306 



6,013,097 



Total 
Yearly 
Compensa- 
tion. 



Average 
Daily 
Compensa- 
tion. 



5,867.91 

6,137.60 

40, 145. 48 

11,976.47 

12,618.80 

62,981.24 

34,444.57 

12,201.26 

19, 683. 64 

5,218.91 

11, 967. 16 

8,294.25 

41,846.83 

3,226.83 

3,062.41 



279,673.36 
5,867.91 



273,805.45 



52,150.99 
57,657.07 
11,967.16 
157,898.14 



279, 673. 36 
5,867.91 



273,805.45 



11,969,740.47 



NORFOLK AND WESTERN RAILWAY COMPANY. 



353 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Item. 



Column for 

Number 
Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, Etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue- 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of 
road 



Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road-- 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight -- 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Dollars. 



116, 697 

2,379,398 

26,365 
20.38 



1,344,995 
58, 586, 870 
649, 162 
43.56 



58, 155 



390,706 



390,706 
4,329 

1 

462, 995 

5,130 

1 

385,632 

4,272 

1 

77,362 

857 



Cts. 



Mills. 



35 . 

16 - 

53 j 

63 j- 

J. 

32 | 
69 . 

93 . 

io ! 

94 j. 

21 I- 



444 



182 



049 
667 



286 



194 



Corp. 2- 



-23 



354 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS-Entire Line. 



Item. 



Passenger Traffic— 

Number of passeng-ers carried earning- revenue- 
Number of passengers carried one mile 



Column for 
Number Pas- 
sengers, Ton- 
nage, Car Mile- 
age, Number 
Cars, Etc. 



Columns for Revenue 
and Rates. 



Dollars. • Cts. 



Number of passengers carried one mile per mile of 
road 



3,805,668 
154,860,312 

83, 573 
40.69 



Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger - - 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue! 19,266,534 

Number of tons carried one mile 5, Oil, 466, 563 

Number of tons carried one mile per mile of road — : 2, 704, 515 



3,555,282 



4,233,399 

2,284 
1 



Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight - 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road — 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



.260. 11 



24,111,800 
1 



24,139,576 
13,027 



28,581,788 

15,424 

2 

17,159,540 

9,260 

1 

11,422,247 

6,164 



NORFOLK AND WESTERN RAILWAY COMPANY. 



300 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina. 
COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Products of Agriculture — 

Grain 

Flour - 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals— 

Live-stock 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines— 

Anthracite coal 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles 

Products of Forests— 

Lumber 

Manufactures— 

Petroleum and other oils 

Sugar 

- Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet-metal 

Cement, brick and lime 

Agricultural implements 



Freight 



Freight 
Received 
from 



^^ Connecting 



on this 
Road. 



Roads and 

Other 
Carriers. 



Whole Tons. Whole Tons. 



107,451 
47, 462 
39, 632 
27,931 
58,696 
197 
88,732 

43, 159 

697 

9,347 

84 

778 

10,810 

160 

9,359,051 

2,360,478 

487,916 

608,378 



8,304 

2,719 

454 

497, 113 

7,052 

76, 610 

41,036 

208,573 

2,611 



178,087 
120, 527 
50, 666 
110,928 
49, 844 
34,919 
53, 685 

13,278 
16,860 
57,305 
1,157 
2,326 
24,382 

26,300 
124,928 
4,383 
387, 091 
184, 032 

842, 677 

50, 454 
73,384 
806 
87,930 
71,078 

146,319 
96,046 

188,010 
10,962 



Total Freight Tonnage. 



Whole Tons. 
285,538 
167,989 

90,298 
138, 859 
108, 540 

35,116 
142,417 

56,437 
17,557 
66,652 
1,241 
3,104 
35, 192 

26,460 

9,483,979 

2,364,861 

875,007 

792,410 

1,911,141 

58,758 

76, 103 

1,260 

585,043 

78, 130 
222, 929 
137,082 
396, 583 

13, 573 



Per Cent. 

1.48 
.87 
.47 
.72 
.56 
.18 
.74 



356 



N. C. CORPORATION COMMISSION". 



FREIGHT TRAFFIC MOVEMENT-State of North Carolina-Continued. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 


Total Freight Tonnage. 


Manufactures— Continued . 


Whole Tons. 

8,483 

19,323 

21,039 

219, 843 

171,382 


Whole Tons. 

9,893 

17, 062 

24,821 

323, 404 

279,025 


Whole Tons. 
18,376 
36,385 
45,860 

543,247 

450, 407 


Per Cent. 

10 




19 




24 




2 82 


Miscellaneous— 

Other commodities not mentioned above, 


2.34 


Total tonnage— North Carolina 


15,603,965 


3,662,569 


19,266,534 


100.00 



NORFOLK AND WESTERN RAILWAY COMPANY. 



35' 



MILEAGE. 
B. MILEAGE OF LINE OPERATED BY STATES. 



State or Territory. 



Virginia 

West Virginia 

Maryland 

North Carolina 

Kentucky 

Ohio 

Total mileage operated - 



Line Represented 
by Capital Stock. 



Main 
Line. 



Branches 
and 

Spurs. 



953.89 

240.76 

15.58 

87.34 

.29 

244, 81 



106.37 
190.07 



2.48 



19.29 



Line 
Operated 

Under 
Trackage 
Rights. 



1,542.67 i 318.21 



12, 



Total 

Mileage 

Operated. 



1,060.26 

430. 83 

16.21 

90.25 

.29 

277.02 



13.98 ! 1,874.86 



New Line 

Con- 
structed 
During 
Year. 



* . 01 
27.37 



27.36 



Steel 
Rails. 



1,060.26 

430.83 

16.21 

90.25 

.29 

277.02 



1,874.86 



C. MILEAGE OF LINE OWNED BY STATES. 



State or Territory. 



Virginia 

West Virginia 

Maryland 

North Carolina 

Kentucky 

Ohio 

Total mileage owned 

* Deficit. 



Line Represented by 
Capital Stock. 



Main 
Line. 



953. 89 

240. 76 

15.58 

87.34 

.29 

244. 81 



1,542.67 



Branches 
and 

Spurs. 



106.37 
190.07 



2.48 



19.29 



318. 21 



Total 
Mileage 
Owned. 



1,060.26 

430.83 

15.58 

89.82 

.29 

264. 10 



New Line 

Con- 
structed 
During 
Year. 



* .01 
27.37 



27.36 



Steel 
Rails. 



1,060.26 

430.83 

15.58 

89.82 

.29 

264. 10 



1,860.88 



35! 



N. C. CORPORATION COMMISSION. 



TAXES AND ASSESSMENTS OF ALL KINDS. 

A. FOR REPORTING COMPANY'S OWNED AND PROPRIETARY LINES. 



State or Territory. 



Virginia 

West Virginia 

Maryland 

North Carolina 

Kentucky 

Ohio 

Total 







Specific Tax 






>Ot 










Valorem Tax on the 
Real and Personal 

fty. 


Stocks, Bonds, Loans, 
tc. 


Gross or Net Earn- 
igs, Revenue or Divi- 
ends. 


Traffic, or Some Phys 
al Quality of Prop- 
"ty Operated, or on 
rivilege. 


Total. 




o 


o 


o 




$ 323,631.14 


$ 25.00 


$ 140,281.13 


$ 


$463,937.27 


120,271.29 


1,235.00 






121 506 29 


1,317.80 


5,395.57 




6,713.37 


11,784.56 




436 70 


12 221.26 


93 07 








93 07 


97,120.86 




33,407.88 




130 528 74 








554,218.72 


1,260.00 


179,084.58 


436.70 


735,000.00 



NORTHAMPTON AND HERTFORD RAILROAD COMPANY. 



351 



Northampton and Hertford Railroad Company. 

OFFICERS. 



Title. 



Name. 



President and Treasurer : Charles T. Wescott- 

First Vice-President i John G. Wescott — 

Secretary Owen H. Guion 



Attorney 

Auditor 

General Manager 



Peebles & Harris 

Thomas G. Trenchard 
W. E. Trenchard 



Location of Office. 



Baltimore, Md. 
Chestertown, Md. 
New Bern, N. C. 
Jackson, N. C. 
Gumberry, N. C. 
Gumberry, N. C. 



PROPERTY OPERATED. 



From Gumberry to Jackson, N. C. 



9 miles. 



CAPITAL STOCK. 



Capital stock— total amount issued and outstanding $ 45,000.00 



COST OF ROAD AND EQUIPMENT 

Equipment 

Construction 

Gross earnings 

Operating expenses 

Income from operation 

Taxes 

Surplus from operation June 30, 1906 

Surplus on June 30, 1905 

Surplus on June 30, 1906 



No record. 

No record. 

13,832.17 

7,077.07 

6, 755. 10 

270.80 

6,484.29 

27,130.91 

33,615.20 



360 



n. c. corporation commission. 



Pamlico, Oriental and Western Railroad Company. 



OFFICERS. 



Name. 



F. S. Gannon 

T. L. Chadbourne, Jr. 

Rufus T. Goodell 

A. H. Larkin 

Edward R. Baird, Jr.- 
Godkin & Chadbourne 

J. H. Nelms, Jr 

J. R. Hawkins 

R. E. L. Bunch 

H. C. Hudgins 



Title. 



President 

First Vice-President 

Secretary 

Treasurer 

General Solicitor 

General Counsel 

Auditor - v 

Division Superintendent -- 

Traffic Manager 

General Frt. and Pass. Agt 



Location of Office. 

Norfolk, Va. 
New York, N. Y. 
New York, N. Y. 
New York, N. Y. 
Norfolk, Va. 
New York, N. Y. 
Norfolk, Va. 
New Bern, N. C. 
Norfolk, Va. 
Norfolk, Va. 



DIRECTORS. 

F. S. Gannon, New York; Oakleigh Thorn, New York; T. L. Chadbourne, Jr., New York; R. T. 
Goodell, New York; R. E. Wilsey, New York; A. H. Larkin, New York;Carleton Bunce, New York; 
M. J. Perry, Providence, R. I.; James* A. Bryan, New Bern, N. C; R. P. Foster, Goldsboro, N. C. 



LINE OPERATED. 



Pamlico, Oriental and Western— From New Bern, N. C, to Bayboro, N. C. (miles) -- 



16.20 



CAPITAL STOCK, FUNDED DEBT, ETC. 



Capital stock 

Funded debt 

Cost of construction, equipment, etc 

Gross earnings 

Operating expenses 

Taxes 

Percentage expenses to earnings 



$ 750,000.00 

550, 000. 00 

1, 317, 788. 80 

13,309.31 

17,783.20 

145. 56 

133. 61 



RALEIGH AND CHARLESTON RAILROAD COMPANY. 



361 



Raleigh and Charleston Railroad Company. 



OFFICERS. 



Title. 



President 

Vice-President 

General Manager 

Attorney 

Secretary and Treasurer 
Auditor 



Name. 



John Skelton Williams 

Howard S. Graham 

J. M. Turner 

C. U. Woods 

C. T. Williams 

W. W. Barrow 



Location of Office. 



Richmond, Va. 
Philadelphia, Pa. 
Marion, S. C. 
Marion, S. C. 
Richmond, Va. 
Richmond, Va. 



DIRECTORS. 

John Skelton Williams, Richmond, Va.; Howard S. Graham, Robert L. Forest, W. E. Weber, 
John Graham, Philadelphia, Pa.; Douglas H. Gordon, Townsend Scott, Baltimore, Md. 



PROPERTY OPERATED. 



From Lumberton, N. C, to Marion, S. C. (miles) 



41.00 



Mileage in North Carolina, 20.13 miles. 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Funded debt 

Funded debt per mile 

Balance cash assets 

Cost of road 

Cost of road per mile 

Cost of equipment 

Cost of equipment per mile 

Cost of road and equipment per mile 

Gross earnings 

Gross earnings N. C 

Gross earnings per mile 

Operating expenses 

Operating expenses N. C. 

Operating expenses per mile 

Taxes paid 

Employees 



850,000.00 

20,732.00 

400,000.00 

9, 756. 00 

2,316.07 

1,182,005.00 

28,829.39 

18,150.00 

442.68 

29,272.07 

19, 961. 68 

12,153.53 

486. 89 

13,973.66 

8,937.30 

340.82 

55.00 

87 



362 



N. C. CORPORATION COMMISSION. 



Raleigh and Pamlico Sound Railroad Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 






Raleigh, N. C. 
Raleigh, N. C. 
Raleigh, N. C. 




A. Tredwell r . 

I. W. Stewart 







DIRECTORS. 

Charles O. Haines, Raleigh, N. C; C. B. Barbee, Raleigh, N. C; T. M. Washington, Wilson, 
N. C; L. I. Moore, Greenville, N. C; S. C. Bragaw, Washington, N. C; F. Reid, Norfolk, Va.; 
A. Tredwell, Raleigh, N. C. 



PROPERTY OPERATED. 



'1-A," Raleigh and Pamlico Sound R. R., Raleigh to Washington, N. C. (miles)- 
*1-B," Branch, Chocowinity to New Bern 



*99.00 



Road under construction with only a few miles built. 



CAPITAL STOCK. 



Capital stock authorized 

Capital stock issued and outstanding - 

Funded debt 

Cost of road 

Cost of equipment 

Balance current liabilities 



900,000.00 
38.900.00 
215, 500. 00 
270,649.97 
4,921.75 
318,463.04 



RALEIGH xlND SOUTHPOET RAILWAY COMPANY. 363 



Raleigh and Southport Railway Company. 

OFFICERS. 



Title. 



President, General Manager and Chairman 
of the Board 



Name. Location of Office. 



John A. Mills Raleigh, N. C. 

Attorney 1 R. N. Simms Raleigh, N. C. 

Secretary-Treasurer and Assistant General 

Manager F. T. Ricks Raleigh, N. C. 

Auditor 1 L. G. Rogers (acting) Raleigh, N. C. 

Chief Engineer Jerry Respes Lillington, N. C. 



DIRECTORS. 

John A. Mills, Raleigh, N. C; F. T. Ricks, Raleigh, N. C; K. B. Johnson, Cardenas, N. C; J. R. 
Chamberlain, Raleigh, N. C. ; F. O. Moring, Raleigh, N. C. ; F. J. Lismon, New York ; T. B. Mosely, 
Raleigh, N. C. 



PROPERTY OPERATED. 



Raleigh and Southport Railway Co.— Caraleigh Mills to Linden, N. C. (miles) 

Southern Railway— Raleigh to Caraleigh Mills— trackage rights (miles) 

Total 



43.00 

3.00 

46.00 



364 



N. C. CORPOKATION COMMISSION. 



CAPITAL STOCK 

Capital stock 

Capital stock per mile 

Funded debt 

Funded debt per mile 



$ 310,000.00 

7,209.30 

443, 000. 00 

10,302.00 



CONSTRUCTION AND EQUIPMENT 

Cost of construction 

Cost of construction per mile 

Cost of equipment 

Cost of equipment per mile 



$ 734, 719. 07 

17.087.80 

63,034.91 

1,466.00 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Taxes — 

Interest on funded debt 

Interest on outstanding current liabilities accrued 

Net income 

Surplus on June 30, 1906 

Surplus on June 30, 1905 ' 

Surplus for entry on General Balance Sheet, June 30, 1906 



$ 64,281.77 

38,424.38 



25,857.39 

1,401.43 

8,100.00 

460.30 

15,895.66 

15,895.66 

14,881.48 

30,777.14 



RALEIGH AND SOUTIIPORT RAILWAY COMPANY. 



365 



EARNINGS FROM OPERATION. 



Passenger revenue 

Express 

Mail 

Other items 

Freight earnings 

Total freight and passenger earnings- 
Total earnings 



$ 14,713.05 


161.80 


1,502.80 


36.20 


47, 867. 92 


64,281.77 


64,281.77 



RENTS PAID. 



Southern Railway — Caraleigh Mills to Raleigh and Raleigh yard $ 1,000.0 



ASSETS. 



Cost of road 

Cost of equipment 

Stocks owned 

Cash and current 
Total 



$ 734, 719. 07 

63,034.91 

1,680.00 

7,958.60 

807,392.58 



LIABILITIES. 



Capital stock 

Funded debt 

Current liabilities 

Profit and loss 

Total 



$ 310,000.00 

443,000.00 

23,615.44 

30,777.14 



807,392. 



OPERATING EXPENSES. 



Maintenance of way and structures- 
Maintenance and equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings- 



5 8,088.35 


8,764.72 


18, 444. 58 


3,126.73 


38,424.38 


59.77 



:m 



N. C. CORPORATION COMMISSION. 



Raleigh and Western Railway Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 








Secretary pro tem. 


K. K. Henszey 

Samuel A. Henszey 

W. H. Brown 


New York. 
Cumnock, N. C. 


Agent -_ -__ _ ■_. - _. 









DIRECTORS. 

Samuel A. Henszey, New York ; K. K. Henszey, New York ; W. J. Talley, Cumnock, N. C. 



PROPERTY OPERATED. 



Cumnock to Colon 

Capital stock 

Funded debt (interest at 6 per cent. ) 

Balance current liabilities 

Cost of road 

Cost of equipment 



8 miles. 
127,500.00 
108,000.00 
191,588.01 
310,081.04 
24,111.92 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating- expenses 


$ 2,652.77 
4,672-62 








$ 2,019.85 


Deductions from Income— 


6,480.00 
78.50 














6, 558. 50 






Deficit _____ 


8, 578 35 


Total deficit on June 30 1905 - - 




86,534.21 






Deficit June 30 1906 _ 


95,112.56 







RED SPRINGS AND BOWMORE RAILROAD COMPANY. 



367 



Red Springs and Bowmore Railroad Company. 

OFFICERS. 



Title. 



President and General Manager- 



Name. 



Location of Office. 



W. F. Williams Red Springs, N. C. 



PROPERTY OPERATED 

Red Springs to Bowmore and Wagram 

Cost of road 

Cost of equipment 

Gross earnings 

Expenses 

Taxes paid 

Gauge of track 

Weight of rail 



16 miles. 

28,800.00 

3,000.00 

5,630.00 

5,500.00 

197.21 

3 feet 

20 pounds 



368 



N. C. CORPORATION COMMISSION 



South and Western Railway Company. 

OFFICERS. 



Title. 



Name. 



Chairman of the Board Alfred Walter 

President George L. Carter-- 

First Vice-President A. A. Phlegar 

Secretary and Treasurer J. C. Stone 

Attorney or General Counsel '_- J. Norment Powell- 
Auditor of Disbursements John A. Muse 

General Manager M. J. Caples 

Chief Engineer M. J. Caples 

Trainmaster 



Location of Office. 

New York. 
Bristol. Va. 
Christiansburg, Va. 
Bristol, Va. 
Bristol, Va. 
Bristol, Va. 
Bristol, Va. 
Bristol, Va. 



M. H. Weiler Bristol, Va. 



General Claim Agent F. Powell- 



Bristol, Va. 



General Freight and Passenger Agent Lewis Walke Bristol, Va. 



DIRECTORS. 

George L. Carter, Bristol, Va.; A. A. Phlegar, Christiansburg, Va.; Alfred Walter, New York; 
M. W. Potter. New York; H. R. Dennis, New York. 



PROPERTY OPERATED. 



South and Western Railway from Johnson City, Tenn., to Spruce Pine, N. C. (miles) - 



63.12 



Mileage in North Carolina, 40 miles. 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Funded debt 

Funded debt per mile 

Cost of construction and equipment 
Balance cash assets 



$ 100,000.00 

1,584.28 

971,000.00 

15, 383. 40 

1,453.740.02 

11,216.88 



SOUTH AND WESTERN RAILWAY COMPANY. 



369 



INCOME ACCOUNT-Entire Line. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Interest on funded debt, accrued 

Interest on interest-bearing current liabilities 

Taxes 

Total deductions from income 

Deficit 

Deficit from operations of year ending June 30, 1906 

Surplus on June 30, 1905 

Additions for year, settlement with Clinchfield Coal Co. 
Surplus on June 30, 1906 



195,016.12 
163,972.43 



44,050.00 
12,581.30 

5,281.89 



31,043.69 



61, 

30, 
30, 
20, 
115, 
104, 



913.19 
869. 50 
869. 50 
470. 11 
059.70 
660.31 



Corp. 2 24 



370 



N. C. CORPORATION COMMISSION. 



Virginia and Carolina Coast Railroad Company. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



Chairman of the Board — 

President 

First Vice-President 

Secretary 

Treasurer 

General Solicitor 

General Counsel 

Comptroller 

Auditor 

Chief Engineer 

General Superintendent - - 
Division Superintendent - 

Traffic Manager 

General Freight Agent- — 
General Passenger Agent 



Thomas L. Chadbourne, Jr. 

Frank S. Gannon 

Charles O. Haines 

Rufus T. Goodell 

W. B. Roper 

Edward R. Baird, Jr 

Godkin & Chadbourne 

H. C. Mackay 

J. C. Nelms. Jr 

J. W. Stewart 

M. W. Maguire 

Henry Crocker 

R. E. L. Bunch 

H. C. Hudgins 

H. C. Hudgins 



New York. 
Norfolk, Va. 
Norfolk, Va. 
New York. 
Norfolk, Va. 
Norfolk, Va. 
New York. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
Suffolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 



DIRECTORS. 

F. S. Gannon, Norfolk, Va.; R. R. Colgate, New York; Oakleigh Thorn, New York; T. L. Chad- 
bourne, Jr., New York; D. L. Gillespie, Pittsburg, Pa.; R. E. Wilsey, New York; D. I. Mackie, New 
York; C. O. Haines, Raleigh, N. C; G. W. Raper, Norfolk, Va.; R. H. McCurdy, New York; J. A. 
Kuhn, Pittsburg, Pa. 

Terms expire January, 1907. 



VIRGINIA AND CAROLINA COAST RAILROAD COMPANY. 



371 



PROPERTY OPERATED. 



From— 


To— 


Miles. 




Eden ton N C .... 


37 08 


Beckford, N. C. 


Elizabeth City, N. C 


23.94 




61.02 









CAPITAL STOCK. 



Capital stock 

Funded debt 

Balance cash assets 



$ 6,000,000.00 
740,000.00 
509, 154. 28 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued -- 

Interest on current liabilities 

Taxes 

Total deductions from income- 
Deficit 

Deficit June 30, 1906 



$ 156,246.18 
120,845.06 



35,401.12 
42.00 



93,255.45 

651.45 
4,346.72 



35,443.12 



253. 62 



62,810.50 



62,810.50 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION-North Carolina. 



Item. 



Passenger— 

Passenger revenue 

Mail 

Express 

Total passenger earnings 

Freight— 

Freight revenue 

Other sources 

Total freight earnings 

Total passenger and freight earnings 

Total gross earnings from operation— North Carolina- 
Total gross earnings from operation — entire line 



Total 
Receipts. 



$ 33,789.45 

4,051.72 

98.11 



56,007.03 
2,068.05 



Actual 
Earnings. 



37,939.28 



88,075.08 
126,014.36 
126,014.36 
156,246.18 



OPERATING EXPENSES. 



Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$ 31,019.00 

3,646.97 
69, 983.05 
16,196.04 



120,845.06 
77.34 



25,404.56 
2,986.87 
57,316.12 
13,264.56 



,972.11 
78.54 



VIRGINIA AND CAROLINA COAST RAILROAD COMPANY. 



373 



ASSETS AND LIABILITIES. 



Cost of road 

Cost of equipment 

Stocks owned 

Bonds owned 

Treasury stock, Virginia and Carolina Railroad Co. 
Treasury bonds, Virginia and Carolina Railroad Co. 

Cash and current assets 

Other Assets— 

Material and supplies 

Sundries, suspense 

Total 

Profit and loss 

Total 

LIABILITIES. 

Capital stock 

Funded debt 

Real estate mortgages 

Accrued interest on funded debt not yet payable — 
Total 



June 30, 1906. 



Item. 



6,939.71 
4,790.29 



Total. 



$ 10,4S0,303.56 

1,500,000.00 
3,170,000.00 
1,024,213.61 



11,730.00 
70,162.16 



16,256,409.33 

7,500,000.00 

8,240,000.00 

515,059.33 

1,350.00 



16,256,409.33 



374 



N. C. CORPORATION COMMISSION. 



Warrenton Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




W. B Boyd - 






J. M. Gardner 

B. P. Terrell 


Warrenton, N. C. 
Warrenton, N. C. 







PROPERTY OPERATED. 



Warrenton to Warren Plains 



3 miles. 



CAPITAL STOCK, ETC. 



Capital stock 

Funded debt 

Gross earnings 

Operating expenses 
Expenses per mile - 

Employees, 8. 



$ 12,300.00 

3,500.00 

8,814.04 

10,295.13 

98.54 



WELLINGTON AND POWELLSVILLE RAILROAD COMPANY. 375 



Wellington and Powellsville Railroad Company. 

OFFICERS. 



Title. 



President and Treasurer 

Superintendent 

Secretary 

General Freight and Passenger Agent 



Name. 



Horton Corwin, Jr 

H. T. Waters 

W. D. Pruden 

J. J. Harrison 



Location of Office. 



Edenton, N. C. 
Ahoskie, N. C. 
Edenton, N. C. 
Windsor, N. C. 



DIRECTORS. 

Horton Corwin, Jr., Edenton, N. C; Mrs. Elizabeth Branning, Edenton, N. C; Ed. F. Branning, 
New York; W. D. Pruden, Edenton, N. C; Mrs. F. V. S. Branning, Bradford, Pa.; Edward 
Schryver, Chattanooga, Tenn.; C. J. Murray, Narrowsburg, N. Y. 



PROPERTY OPERATED. 



Windsor, N. C, to Ahoskie, N. C 

Capital stock 

Capital stock per mile 

Cost of road and equipment 

Gross earnings 

Gross earnings per mile 

Operating expenses 

Operating expenses per mile 

Taxes paid 



22 miles. 

90,000.00 

4,090.90 

170,909.99 

31, 846. 71 

1,447.57 

24,740.29 

1,124.55 

455.70 



376 



N. C. CORPORATION COMMISSION. 



Wilmington Railway and Bridge Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 




Junius Davis 

R. L. Nutt 


Wilmington, N. C. 
Portsmouth Va 









PROPERTY OPERATED. 



From Hilton, N. C, to Meares Bluff. 



2. 40 miles. 



Owned jointly and operated by Atlantic Coast Line Railroad Company and Seaboard Air Line 
Railway. 



CAPITAL STOCK 

Capital stock 

Funded debt 

Stock and debt per mile 

Cost 

Income from lease 



$ 40,000.00 

217,000.00 

107,083.33 

257,000.00 

10,850.00 



ASHEVILLE ELECTRIC COMPANY. 



377 



STREET RAILWAY COMPANIES. 



Ashevllle Electric Company. 



OFFICERS. 



Title. 


Name. 


Address. 






Asheville N C 




H. W. Plummer 


Asheville N C 






New York N Y 






Asheville N C 











DIRECTORS. 

J. E. Rankin, Asheville, N. C; J. C. Martin, Asheville, N. C; W. T. Penniman, Asheville, N. C. 
H. W. Plummer, Asheville, N. C; E. R. Coffin, New York, N. Y. 



PROPERTY OPERATED. 



City of Asheville, N. C — 

Length of main track (miles) 
Sidings and switches 



Motive power— electric. 



CAPITAL STOCK. 



Capital stock authorized — common 

Capital stock issued and outstanding— common 
Number of stockholders 



$ 750,000.00 
532,000.00 



FUNDED DEBT. 



Description — 

First mortgage $ 750,000.00 



378 



N. C. CORPORATION COMMISSION. 



GENERAL EXHIBIT FOR THE YEAR. 



Gross earnings from operation, as per Schedule A 


$ 216,058.37 






126,875.96 












$ 89,182.41 


Miscellaneous income— 








292. 50 






89, 474. 61 


Deductions from income— 






37,500.00 
7,425.00 

34,601.94 
6,825.93 
























86,352.87 










3,122.04 







EARNINGS AND EXPENSES OF OPERATION. 

Schedule A— EARNINGS FROM OPERATION. 



Receipts from passengers carried 

Receipts from freight hauled 

Receipts from express 

Receipts from gas 

Receipts from rentals 

Receipts from electric street lighting 

Receipts from electric lights, residences 

Receipts from advertising in cars 

Miscellaneous receipts 

Gross income from operation 

Less rebates and cash discounts on light and power 



127,863.29 

5.00 

1,500.00 

6,332.63 

567.33 

9,682.09 

64,377-60 

815.53 

7,727.80 



218,871.27 



2,812.90 



216,058.37 



ASHEVILLE ELECTRIC COMPANY. 



379 



Schedule B. -OPERATING EXPENSES. 



MAINTENANCE. 
Way and Structures — 

Maintenance of track and roadway 

Maintenance of electric line 

Maintenance of buildings and fixtures 

Total 

Equipment- 
Maintenance of steam plant 

Maintenance of electric plant 

Maintenance of cars 

Maintenance of electric equipment of cars 

Miscellaneous shop expenses 

Total 

TRANSPORTATION. 
Operation of Power Plant- 
Power plant wages 

Fuel for power 

Lubricants and waste for power plant 

Miscellaneous supplies and expenses of power plant 

Hired power 

Total 

Operation of cars — 

Superintendence of transportation 

Wages of conductors 

Wages of motormen 

Wages of car-house employees 

Car service supplies 

Miscellaneous car service expenses 

Cleaning and sanding track 

Total 

GENERAL. 

Salaries of general officers 

Salaries of clerks 

Printing and stationery 

Miscellaneous office expenses 

Stores expenses 

Stable expenses 

Advertising and attractions 

Miscellaneous general expenses 

Damages 



9,492.49 

1,039.74 

706. 40 



351. 78 

348.89 

3,066.09 

1,310.85 

393.49 



1,768.73 
1,466.63 

85.47 

216.37 

4,625.62 



1,125.01 

14,008.21 

14,803-33 

1,012.81 

278.69 

2,427.28 

597. 00 



2,055.00 

2,469.25 

265.22 

518.50 

254. 00 

2,650.58 

4,014.69 

1,054.08 

2,714.52 



11,238.63 



34,252.33 



380 



H". C. CORPORATION COMMISSION. 



OPERATING EXPENSES-Continued. 



Legal expenses in connection with damages 

Rent of land and buildings 

Insurance 

Maintenance of trust 

Total 

Grand total operating expenses— Railway Department 

Grand total operating expenses— Light and Power Department 

Grand total operating expenses— Gas Department 

Grand total operating 



$ 1,075.00 

180. 00 

1,730.00 

112.50 



19,093.34 
78,218.22 
37,819.64 
10,838.10 



126,875.96 



VOLUME OF TRAFFIC. 



Number of passengers carried during year 

Number of passengers carried per mile of track operated 
Number of car miles run 



2,836,601 
218,200 
529,756 



ASHEVILLE AND CRAGGY MOUNTAIN RAILWAY COMPANY. 



381 



Asheville and Craggy Mountain Railway Company. 

OFFICERS. 



Title. 


Name. 


Location of Office. 


President 

Secretary 


J. F. Hays 


Asheville, N. C. 




Washington, D. C. 
Washington, D. C. 




A H Plant 







DIRECTORS. 

J. F. Hays, Asheville, N. C; R. D. Lankford, N. Y.; W. S. Townsend, N. Y.; C. E. A. Mc- 
Carthy, N. Y.; Fairfax Harrison, Washington, D. C. 



PROPERTY OPERATED. 

Near Asheville, N. C, five and one-half miles. 
Motive power — steam and electricity. 



CAPITAL STOCK, ETC. 



Capital stock 



24,200.00 



EARNINGS, EXPENSES, ETC. 



Passenger earnings 

Freight earnings 

Total earnings 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Other operating expenses 

General expenses 

Industrial department, expenses — 

Total operating expenses 

Net deficit from operation 

Taxes 

Net deficit 



$ 2,936.34 
2,256.64 



1,736.32 
1,061.91 
7,297.10 
* 132.02 
3,445.24 
1,454.99 



$ 5, 192. 



14,863.54 



$ 9,670.56 

22.17 

9,692.73 



Deduct. 



382 



N. C. CORPORATION COMMISSION. 



Charlotte Consolidated Construction Company, Operating Char- 
lotte Electric Railway, Light and Power Company. 



Title. 



OFFICERS. 



President 

Secretary 

Treasurer 

Superintendent 



Name. 



E. D. Latta 

J. L. Chambers 

E. D. Latta 

E. D. Latta, Jr. 



Address. 



Charlotte, N. C. 
Charlotte, N. C. 
Charlotte, N. C. 
Charlotte, N. C. 



DIRECTORS. 

E. D. Latta, Charlotte, N. C; E. B. Springs, Charlotte, N. C; F. B. McDowell, Charlotte, N. C; 
J. L. Chambers, Charlotte, N. C. ; M. A. Bland, Charlotte, N. C. 



PROPERTY OPERATED. 



City of Charlotte, N. C.— 

Length of main track (miles) 

Siding's and switches (mile) 

Total mileage, including- sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric motive power in use— general electric 
Motive power — steam generated electric. 



13% 

y 8 



i3y 2 

5% 
8V 8 



CHARLOTTE CONSOLIDATED CONSTRUCTION COMPANY. 



383 



CAPITAL STOCK. 



Issued and outstanding— preferred 
Number of stockholders 



200,000.00 
5 



FUNDED DEBT. 



Description— 

Thirty-year five percent, gold bonds 

(Four bonds retired under sinking fund clause since last report). 



376,000.00 



GENERAL EXHIBIT FOR THE YEAR. 





$ 189,930.08 
158,434.86 


$ 
















31 495 22 


Deductions from income — 


18,800.00 












18,800.00 
12,695.22 











384 



W. C. CORPORATION" COMMISSION. 



EARNINGS AND EXPENSES OF OPERATION. 



Railway- 
By total income, all sources 

To transportation 

To maintenance roadway and structures — - 
To maintenance road stock and equipment- 
To contributory expense 

Electric— 

By total income, all sources 

To maintenance 

To manufacturing 

To distribution 

To contributory expense 

Gas- 

By total income, all sources 

To manufacturing 

To maintenance 

To distribution 

To contributory expense 

Water- 
By total income, all sources 

To production 

To maintenance 

To distribution 

To contributory expense 



By total income, all departments- — 
To total expenses, all departments 
To net income, all departments 



35,784.02 
3,163.41 
8,253.16 

35,056.03 



82,256.62 



2,830.48 
9,251.12 
2,032.16 

9,558.89 



23,672.65 



21,376.28 
4,204.33 
4,788.64 

18,212.62 



48,581.87 



1,398.72 

198.35 

21.00 

2,305.65 

3,923.72 



EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Other passenger cars equipped for the electric power— one repair, one freight 
Total passenger cars, all kinds 

Electric motors, 26; equipment, 2 motors each. 



CONSOLIDATED RAILWAYS LIGHT AND POWER COMPANY 



385 



Consolidated Railways Light and Power Company. 



OFFICERS. 



Title. 



Name. 



President Hugh MacRae 

Secretary ! H. Woolcott -- 



Treasurer 

Manager 

Consulting Engineer - 
Vice-President 



Richard J. Jones 

A. B. Skelding .-- 

W. W. Randolph 

M. F. H. Gourverneur- 



Address. 



Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
New York. 
Wilmington, N. C. 



DIRECTORS. 

Hugh MacRae, M. F. H. Gourverneur, George A. French, M. J. Heyer, J. V. Grainger, W. W. 
Randolph, B. G. Worth, C. W. Worth, G. H. Smith, J. H. Chadbourn, Junius Davis, Edward Ahrens, 
Oscar Pearsall, Jurgen Haas, J. G. L. Gieschen. 



PROPERTY OPERATED. 



City of Wilmington, N. C — 

Length of main track (miles) 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside of corporate limits 

System of electric motive power in use— direct current at 550 volts 
Motive power— electricity. 



18.98 



18.98 
6.71 
12.27 



CAPITAL STOCK. 



Capital stock authorized— preferred 

Capital stock authorized — common 

Capital stock issued and outstanding — preferred 

Capital stock issued and outstanding— common 

Number of shares issued and outstanding— preferred 
Number of shares issued and outstanding— common - 
Number of stockholders 



150, 000. 00 

350,000.00 

100,000.00 

350,000.00 

1,000 

3,500 

84 



Corp. 2 25 



386 



N. C. CORPORATION COMMISSION". 



FUNDED DEBT. 



Description — 

First mortgage bonds, 5 per cent., payable 1932 



$ 600,000.00 



GENERAL EXHIBIT FOR THE YEAR. 



Gross earnings from operation, as per Schedule A 

Operating expenses, as per Schedule B 

Net earnings from operation 

Deductions from income — 

Interest on funded debt 

Other deductions from income 

Total deductions from income 

Net income 

Dividends declared 5 per cent, on stock (preferred stock) - 



$ 154,538.25 
80, 539. 47 



29,810.30 
4,925.00 



73,998.78 



34,735.30 

39,263.48 

5,000.00 



EARNINGS AND EXPENSES OF OPERATION. 

Schedule A-EARNINGS FROM OPERATION. 



Receipts from passengers carried 

Receipts from freight hauled 

Receipts from baggage 

Receipts from mail 

Receipts from rentals 

Receipts from electric street lighting ) 
Receipts from electric lights, residences ) 

Receipts from advertising in cars 

Miscellaneous receipts, including net earnings gas department 
Gross income from operation 



$ 109,655.00 

4,902.10 

418.87 

273. 43 

3,399.17 

34,675.31 

300.00 

914.04 



154, 538. 25 



CONSOLIDATED RAILWAYS LIGHT AND POWER COMPANY. 387 



EARNINGS AND EXPENSES OF OPERATION-Continued. 
Schedule B-OPERATING EXPENSES. 



MAINTENANCE. 

Way and structures — 

Maintenance of track and roadway 

Maintenance of electric line 

Maintenance of buildings and fixtures 

Total 

Equipment — 

Maintenance of steam plant 

Maintenance of electric plant 

Maintenance of cars 

Maintenance of electric equipment of cars 

Maintenance of miscellaneous equipment 

Miscellaneous shop expenses 

Total 

TRANSPORTATION. 

Operation of power plant- 
Power plant wages 

Fuel for power 

Water for power 

Lubricants and waste for power plant 

Miscellaneous supplies and expenses of power plant 

Total 

Operation of cars- 
Superintendence of transportation 

Wages of conductors 

Wages of motormen 

Wages of miscellaneous car service employees 

Wages of car-house employees 

Car service supplies 

Miscellaneous car service expenses, freight and ticket agents 

Cleaning and sanding track 

Total 

GENERAL. 

Salaries of general officers 

Salaries of clerks 

Printing and stationery 

Miscellaneous office expenses 

Advertising and attractions 

Miscellaneous general expenses 



,470.42 
919.57 
543.98 



332.45 


254.57 


7,211.25 


3,115.69 


13.43 


80.60 



3,401.33 

6, 987. 53 

10.53 

200.89 

98.28 



1,280.00 

7,343.28 

7,343.28 

1,185.53 

477.34 

1,411.88 

803.00 

300.67 



4,549.58 

3,213.63 

800.06 

989.64 

4,463.77 
3,819.27 



388 



N. C. CORPORATION COMMISSION. 
EARNINGS AND EXPENSES OF OPERATION-Contimied. 



Damages 

Legal expenses in connection with damages 

Insurance 

Total ! j $ 27,753.97 

Grand total operating expenses 



7,585.48 

240.46 

2,092.08 



80,539.47 



EQUIPMENT OWNED 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Other passenger cars equipped for the electric power 

Total passenger cars, all kinds 

Trailers 

Snow plows 



VOLUME OF TRAFFIC. 



Number of passengers carried during year - 
Number of car miles run 



2,182,527 
471,243 



DURHAM TRACTION COMPANY. 



389 



Durham Traction Company. 



OFFICERS. 



Title. 



Name. 



Address. 



President R. H. Wright- 
Secretary J. S. Manning 

Treasurer J. S. Manning 

Manager R L. Lindsey 

Superintendent R. L. Lindsey 



Durham, N. C. 
Durham. N. C. 
Durham, N. C. 
Durham, N. C. 
Durham, N. C. 



DIRECTORS. 

R H. Wright, Durham, N. C; J. S. Carr, Durham, N. C; J. S. Manning, Durham, N. C; H. A. 
Foushee. Durham, N. C: T. J. Lambe, Durham, N. C. 



PROPERTY OPERATED. 



City of Durham, N. C— 

Length of main track -miles) 5.9 

Sidings and switches .3 

Total mileage, including sidings and switches 6.2 

Mileage within corporate limits 4.2 

Mileage outside corporate limits 1.7 

System of electric motive power in use— D. C. 550 volts ; G. E. 54 and 67, and Westinghouse 101 B. 
Motive power — electric motors. 



CAPITAL STOCK. 



Capital stock authorized — preferred 

Capital stock authorized — common 

Capital stock issued and outstanding — preferred 

Capital stock issued and outstanding— common 

Number of shares issued and outstanding— preferred 
Number of shares issued and outstanding— common — 



200, 000. 00 
300,000.00 
200.000.00 
300, 000. 00 
2,000.00 
3,000.00 



390 



N. C. CORPORATION" COMMISSION. 



FUNDED DEBT. 



Description — 

400 $1,000 40-year 5 per cent, gold bonds 

Less $50,000, bonds in treasury 

Bonds outstanding 



$ 400,000.00 

50,000.00 

350,000.00 



GENERAL EXHIBIT FOR THE YEAR. 





$ 122,038.70 
97,251.02 
















$ 24,787.68 


Deductions from income — 


17,500.00 
8,636.17 














26,136.17 








1,348.49 









EARNINGS AND EXPENSES OF OPERATION. 

Schedule A— EARNINGS FROM OPERATION. 



Receipts from passengers carried 

Receipts from electric street lighting 

Receipts from electric lights— residences 

Miscellaneous receipts — ice department - 

Gross income from operation 



$ 57,551.93 

8, 709- 92 

30,683.70 

25,093.15 



122,038.70 



DURHAM TRACTION COMPANY. 



391 



EARNINGS AND EXPENSES OF OPERATION-Continued. 

Schedule B— Operating Expenses. 



Expenses- 
Salaries general officers and clerks - 

General office expenses 

Other general expenses 

Insurance 

Legal expenses 

Injuries and damages 

Transportation expenses 

Maintenance of way and buildings 

Maintenance of equipment 

Electric light expenses 

Ice expenses 

Power-house expenses 

Total operating expenses 



4,125.96 
932.75 

6,194.90 

1,960.42 
515.00 

1,805.90 
11,694.38 

7,793.32 

5,735.33 
15,911.45 

9,828.14 
30,755.47 



97,251.02 



EQUIPMENT OWNED 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Total passenger cars, all kinds 

Snow plows 



VOLUME OF TRAFFIC. 

Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Number of round trips run 

Number of car miles run 

Average number of persons employed— railway 40, power house 8, ice department 
electric department 5 



1,304,866 
221,163 
114,503 
312, 587 

61 



392 



N. C. CORPORATION COMMISSION. 



Fries Manufacturing and Power Company. 

OFFICERS. 



Title. 



President 

Secretary 

Treasurer 

Manager 

Superintendent 



Name. 



Henry E. Fries — 
Bernard J. Pfohl 
Bernard J. Pfohl 

J. J. Sigg 

J. J. Sigg 



Address. 



Winston-Salem, N. C. 
Winston-Salem. N. C. 
Winston-Salem, N. C. 
Winston-Salem, N. C. 
Winston-Salem, N. C. 



DIRECTORS. 

J. W. Fries, J. C. Bessent, W. A. Whitaker, W. A. Blair, J. Jacobs, N. S. Wilson, C. B. Watson, 
E. E. Gray, W. M. Nissen, J. A. Vance, Clement Manly, F. C. Brown, W. A. Lemly, F. H. Fries, C. 
D. Ogburn, H. E. Fries, J. A. Gray, Winston-Salem, N. C; R. B. Haines, Philadelphia, Pa. 



PROPERTY OPERATED. 



Winston-Salem, N. C.— 

Length of main track (miles) 

Sidings and switches 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 



6.50 
3.50 



10.00 
5.124 
4.876 



System of electric power in use— general electric. 
Motive power— electricity and steam. 

CAPITAL STOCK. 



Capital stock authorized — preferred 

Capital stock authorized— common 

Capital stock issued and outstanding— preferred 

Capital stock issued and outstanding — common 

Number of shares issued and outstanding— preferred 
Number of shares issued and outstanding— common - 
Number of stockholders 



100,000.00 
600, 000. 00 
100,000.00 

574,600.00 

1,000 

5,746 

80 



FUNDED DEBT. 

Description — 

Deed of Trust No. N. American Trust Co., Trustee, New York, secures bonded indebtedness for 
$500,000, of which there are bonds outstanding, $461,000. 



FRIES MANUFACTURING AND POWER COMPANY. 



393 



GENERAL EXHIBIT FOR THE YEAR. 



Gross earnings from operation, as per Schedule A 


$ 160,012.61 






108,577.50 












$ 51,435.11 


Deductions from income— 






23,050.00 
80.42 
















23,130.42 
28,304.69 










3,000.00 






25,304.69 







EARNINGS AND OPERATING EXPENSES. 





Current Month. 




Amount. 


Total. 


Electric plant- 


$ 24,236.39 
2,717.24 
7,872.30 
3,158.85 
11,754.50 
49,896.29 
8,827.47 
1,162.93 


































$ 109,625.97 


River plant- 


22,517.96 
332.31 








22,850.27 
27,536.37 


Ice plant — 

Sales - - _____ 














160,012.61 







394 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 



Current Month. 



Amount. 



Total. 



Electric plant— 

Real estate 

Station apparatus 

Lines 

Arc lamps 

Cars 

Track 

River plant — 

Real estate 

Motors, generators, etc. 
Lines 

Ice plant — 

Station apparatus 



MAINTENANCE. 



Total maintenance 

Electric plant- 
Engineers 

Firemen 

Coal 

Water 

Electric power 

Oil, grease and waste 

River plant — 

Wages 

Power 

Oil, grease and waste 

Ice plant — 

Wages 

Fuel 

Water 

Ammonia, salt, etc. — 
Oil, grease and waste- 



GENERATION. 



613.28 

317-02 

1,917.46 

401.38 

3,118.38 

3,319.53 



283.10 

1,242.93 

631.14 



1,525.75 
965.90 

4,170.58 

460.52 

10,577.86 

544.46 



3,715.95 

1,792-95 

185.33 



1,691.07 
4,423.69 
2,146.85 
1, 424. 14 
154-59 



2,157.17 
541.50 



12, 386. 22 



18,245.07 



5,694.23 



,840.34 



Total generation 



FRIES MANUFACTURING AND POWER COMPANY. 



395 



OPERATING EXPENSES-Continued. 



Item. 



DISTRIBUTION. 



Electric plant- 
Lamp renewals 

Meter expenses 

Interior wiring, etc 

Wiring, sales and repairs 

River plant — 

Sub-station expenses 

Ice plant- 
Sales and delivery 



Total distribution 



TRANSPORTATION. 

Electric plant — 

Superintendent, conductors and motormen 

Freight hands 

Car service supplies 

Advertising attractions 



Total transportation 

GENERAL EXPENSES. 
Electric, river and ice plants- 
Officers and clerks 

Office expenses and supplies 

Insurance and taxes 

Accidents 

Legal expenses 

Directors' meetings 

Interest, discount and exchange 

Miscellaneous 



Total general expense 

Total operating expense 

Earnings from operation 

Fixed charges— interest on bonds 

Balance 

Gas works — 

Deficit 

Net balance for depreciation and profit 



Current Month. 



Amount. 



203. 33 

289.20 

9,141.49 



13,409.34 

5,076.32 

457.97 

3,436.35 



5,916.09 

635.43 

6, 113. 62 

801.02 

334.00 

83.00 

4,284.14 

1,354.39 



Total. 



$ 11,133.10 

969.25 

8, 407. 62 
20,509.97 



22,379.98 



22,379. 



19,521.69 



19,521.69 



108, 577. 50 
51,435.11 
23, 050. 00 



28,385.11 



.42 



,304.69 



396 



K". C. CORPORATION COMMISSION. 



EQUIPMENT OWNED. 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Other passenger cars equipped for the electric power, freight and repair 

Total cars, all kinds 

Electric motors 



VOLUME OF TRAFFIC. 



Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Number of round trips run 

Number of car miles run 

Average number of persons employed 



1,170,842 

180,437 

67,274 

465,394 

110 



GREENSBORO ELECTRIC COMPANY. 



397 



Greensboro Electric Company. 



OFFICERS. 



Title. 



President 

Secretary 

Treasurer 

Manager 

Superintendent 



Name. 



John Karr 

Z. V. Taylor — 
M. D. Barr - — 
R. H. Gamwell 
A. H. Jones — 



Addre 



Hackettstown, N. J. 
Greensboro, N. C. 
Pittsfield, Mass. 
Greensboro, N. C. 
Greensboro, N. C. 



DIRECTORS. 

John Karr, Hackettstown, N. J.; E. P. Wharton, Greensboro, N. C; Z. V. Taylor, Greensboro, 
N. C; F. A. C. Perrine, New York City; W. O. Morgan, New York City; F. R. Williamson, Flem- 
mington, N. J.; M. D. Barr, Pittsfield, Mass.; G. A. Kenyon, Pittsfield, Mass.; J. A. Chesney, Pitts- 
field, Mass. 



PROPERTY OPERATED. 



Town or city of Greensboro, N. C.— 

Length of main track (miles) .--. 

Sidings and switches 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric motive power in use — 550 volts, D. C. grounded 
Motive power — electric. 



8.33 
.25 



4.00 
4.58 



CAPITAL STOCK. 



Capital stock authorized— preferred 

Capital stock authorized— common 

Capital stock issued and outstanding — preferred 

Capital stock issued and outstanding— common 

Number of shares issued and outstanding— preferred 
Number of shares issued and outstanding— common - 
Number of stockholders 



250,000.00 

250,000.00 

33,300.00 

250,000.00 

333 

2,500 

112 



398 



N. C. CORPORATION COMMISSION". 



FUNDED DEBT. 



Description- 
Bonded debt secured by mortgage - 
Bonded debt unsecured 



$ 250,000.00 
125,000.00 



GENERAL EXHIBIT FOR THE YEAR. 



Gross earnings from operation, as per Schedule A 

Operating expenses, as per Schedule B 

Net earnings from operation 

Miscellaneous income- 
Total income from other sources than operation (gas plant, net) 

Gross income above operating expenses 

Deductions from income- 
Interest on funded debt and notes 

Total deductions from income 

Deficit 

Deficit for year ending June 30, 1905 

Deficit for year ending June 30, 1906 

Total deficit for year ending June 30, 1906 



$ 100,489.28 
79,780.94 



29,660.07 



20,708.34 



3,458.09 
24,166.43 



29, 660. 07 
5,493.64 

11,788.54 
5, 493. 64 

17,282.18 



EARNINGS AND EXPENSES OF OPERATION. 

Schedule A-EARNINGS FROM OPERATION 

Receipts from passengers carried 

Receipts from mail 

Receipts from electric street lighting 

Receipts from electric lights — residences 

Receipts from advertising in cars 

Miscellaneous receipts 

Gross income from operation 



$ 50,080.17 


200.00 


6,173.30 


43,252.67 


676.22 


106.92 


100,489.28 



GREENSBORO ELECTRIC COMPANY. 



399 



EARNINGS AND EXPENSES OF OPERATION-Continued. 
Schedule B— OPERATING EXPENSES. 



MAINTENANCE. 
Way and structures — 

Maintenance of track and roadway 

Maintenance of electric line 

Maintenance of buildings and fixtures 

Total 

Equipment- 
Maintenance of steam plant 

Maintenance of electric plant 

Maintenance of cars 

Maintenance of electric equipment of cars 

Maintenance of miscellaneous equipment 

Miscellaneous shop expenses 

Total 

TRANSPORTATION. 
Operation of power plant- 
Power plant wages 

Fuel for power 

Lubricants and waste for power plant 

Total 

Operation of cars- 
Superintendence of transportation 

Wages of conductors 

Wages of motormen 

Wages of miscellaneous car service employees- 
Wages of car-house employees 

Car service supplies 

Cleaning and sanding track 

Total , 

GENERAL. 

Salaries of general officers 

Salaries of clerks 

Printing and stationery 

Miscellaneous office expenses 

Advertising and attractions 

Damages 

Legal expenses in connection with damages -— 

Miscellaneous legal expenses 

Rent of land and buildings 

Insurance and taxes 

Total 

Grand total operating expenses 



2,235.68 

2,419.10 

163. 55 



2,784.00 
1,480.39 

4,116.51 

6,052.91 
11.33 



5,909.48 

30,256.64 

1,280.27 



1,504.32 

9,162.58 

888.75 
920.93 
248.45 
426. 17 



1,390.66 
413.48 

800.32 

192.80 

1,673.35 



4,818.33 



14,445.14 



37,446.39 



13,151.20 



9,919.88 
79,780.94 



400 



N. C. CORPORATION COMMISSION. 



EQUIPMENT OWNED. 



Box passenger cars equipped for the electric power- 
Open passenger cars equipped for the electric power 
Total passenger cars— all kinds 



VOLUME OF TRAFFIC. 



Number of passengers carried during year 

Number passengers carried per mile of track operated 

Car miles run 

Average number of persons employed 



129,355 

280,306 

59 



RALEIGH ELECTRIC COMPANY. 



401 



Raleigh Electric Company. 

OFFICERS. 



Title. 



President- 
Secretary. 
Treasurer 
Manager - 



Name. 



William J. Andrews 
J. A. P. Farnham — 
J. A. P. Farnham -- 
H. A. Barre 



Address. 



Raleigh, N. C. 
Raleigh, N. C. 
Raleigh, N. C. 
New York. 



DIRECTORS. 

William J. Andrews, Raleigh, N. C; J. A. P. Farnham, Raleigh, N. C; James H. Cutler, Wash- 
ington, D. C; S. Z. Mitchell, New York; H. A. Barre, New York; E. Maxwell, New York; E. A. 
Smith, New York. 



PROPERTY OPERATED. 



City of Raleigh, N. C— 

Length of main track (miles) 

Sidings and switches (Pullen Park track belongs to Park) — 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric motive power in use— General Electric Co 
Motive power — steam and water. 



5!/ 2 



5% 

4V 2 

V4 



CAPITAL STOCK. 



Capital stock authorized — common 

Capital stock issued and outstanding— common 
Number of stockholders 



75,000.00 

59,800.00 

30 



FUNDED DEBT. 



Description— 






142 5-30 gold bonds, 5 per cent., of $500 each, of which 115 are outstanding 


$ 


71,000.00 


6 per cent, gold coupon notes ($250.00 and $500.00 each)— __ _ . 




52,500.00 





Corp. 2- 



■26 



402 



H". C. CORPORATION- COMMISSION". 



GENERAL EXHIBIT FOR THE YEAR. 





$ 78,526.67 
76,218.86 




















$ 2,307.81 
2,307.81 








4,995.00 
882.00 
















5,877 00 






3,679.19 






5,322.56 




1906 








9,001.75 









EARNINGS AND EXPENSES OF OPERATION. 

Schedule A— EARNINGS FROM OPERATION 

Receipts from passengers carried 

Receipts from power 

Receipts from electric street lighting 

Receipts from electric lights— residences and stores 

Receipts from advertising in cars 

Gross income from operation 



S 40,974.05 


3,517.96 


9,146.80 


24,711.86 


176.00 


78, 526. 67 



RALEIGH ELECTRIC COMPANY. 



403 



EARNINGS AND EXPENSES OF OPERATION. 

Schedule B-OPERATING EXPENSES. 



MAINTENANCE. 
Way and structures — 

Maintenance of track and roadway 

Maintenance of electric line 

Maintenance of buildings and fixtures 

Transformers and meters and arc lamp, also renewal incandes- 
cent lamps 

Total 

Equipment — 

Maintenance of steam plant 

Maintenance of .electric plant 

Maintenance of electric equipment of cars 

Depreciation account maintenance expended in keeping up 
above items 

Total 

TRANSPORTATION. 

Operation of power plant — 

Power plant wages 

Fuel for power 

Water for power 

Lubricants and waste for power plant 

Miscellaneous supplies and expenses of power plant 

Hired power 

Total 

Operation of cars — 

Superintendence of transportation 

Wages of conductors 

Wages of car-house employees 

Miscellaneous car service expenses 

Total 

GENERAL. 

Salaries of general officers 

Salaries of clerks 

Miscellaneous office expenses 

Stable expenses 

Advertising and attractions i 

Miscellaneous general expenses 

Damages 

Legal expenses in connection with damages 

Rent of land and buildings 

Insurance 

Total 

Grand total operating expenses 



3,135.89 

3,047.51 

219.75 

1,576.45 



2,305.31 

403.72 

1,566.38 

14,500.00 



7,979.60 



18,775.14 



7,408.21 




9,384.36 




603.04 




1,840.63 




734.17 




5,500.00 






25,470.41 


881.96 




8,821.66 




2,003.53 




523.94 






12,231.09 


1,300.00 




2,448.56 




2,677.57 




381.22 




531. 73 


\ 


2,677.57 




313.75 




287.95 




240.00 




904.00 






11,762.35 


76,218.86 



404 



N. C. CORPORATION" COMMISSION. 



EQUIPMENT OWNED 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Other passenger cars equipped for the electric power 

Total passenger cars, all kinds 

Trailers 



VOLUME OF TRAFFIC 

Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Number car miles run 



1,433,639 
286,727 
189,312 



SALISBURY AND SPENCER RAILWAY COMPANY. 



405 



Salisbury and Spencer Railway Company. 

OFFICERS. 



Title. 


Name. 


Address. 




Edward M. Deane 

N B McCanless 






Salisbury, N. C. 




T H Vanderford - - 


Salisbury, N. C. 




• 
Frank G. Deane 

Dwight Smith - - 






Grand Rapids, Mich. 
Salisbury, N. C. 




James Trimble 





DIRECTORS. 

Edward M. Deane, Grand Rapids, Mich.; T. H. Vanderford, Salisbury, N. C.; W. F. Snider, 
Salisbury, N. C; N. B. McCanless, Salisbury, N. C; L. H. Clement, Salisbury, N. C; H. B. Wales, 
Grand Rapids, Mich.; B. P. Merrick, Grand Rapids, Mich.; Frank G. Deane, Grand Rapids, Mich.; 
Dwight Smith, Grand Rapids, Mich. 



PROPERTY OPERATED. 



City of Salisbury and Spencer, N. C. 
Length of track 

Sidings and switches 

Mileage within corporate limits - 
Mileage outside corporate limits 



4 miles. 
250 feet. 
2 miles. 
2 miles. 



System of electric motive power in use— 550 volt direct current. 
Motive power— steam. 



CAPITAL STOCK. 



Capital stock issued and outstanding— common 
Number of stockholders 



$ 400,000.00 

72 



406 



N. C. CORPORATION COMMISSION. 



FUNDED DEBT. 



Description — 

First mortgage 5 per cent, gold bonds, dated May 1, 1905, due May 1, 1945 

Of this amount there has been issued 

Balance in treasury for future betterments and extensions 

Stock and bond issue represent the Railway, @as and Electric Light systems 



$ 1,000,000.00 
350,000.00 



650,000.00 



GENERAL EXHIBIT FOR THE YEAR. 



Gross earnings from operations, as per Schedule A 


$ 21,019.10 
4,221.37 












$ 16,797.73 
16,797.73 






Deductions from income — 


4,580.42 
300.00 
















4,880.42 
11,917.31 











EARNINGS AND EXPENSES OF OPERATION. 

Schedule A— EARNINGS FROM OPERATION. 



Receipts from passengers carried-. 

Receipts from advertising in cars-. 

Gross income from operation 



$ 20,869.16 

149. 94 



SOUTHERN EXPRESS COMPANY. 



407 



Southern Express Company. 



DIRECTORS. 



Title. 



Name. 



Address. 



M. F. Plant 

M. J. O'Brien 

Thomas W. Leary 



Chairman of Board of Directors 

President 

First Vice-President 

Second Vice-President 1 C. L. Loop- 
Secretary and Treasurer j G. H. Tilley 

Assistant General Manager Mark J. O'Brien ! Chattanooga, Tenn 

Auditor J. F. Virgin Chattanooga, Tenn 



Groton, Conn. 

71 Broadway, New York. 

Atlanta, Ga. 

Chattanooga, Tenn. 

71 Broadway, New York. 



EARNINGS AND EXPENSES OF OPERATION. 



Receipts from business done within the State 1 $ 311,999.67 



Railroad company's share of the charges on such business - 

Net 

Expenses incidental to above business — 

Losses and damage 

General salaries and expenses 

Superintendents' salaries and expenses 

Route agents' salaries and expenses 

Messengers' salaries 

Stationery and supplies 

Office salariesand expenses 

Other expenses 

Taxes 

Total 

Net after expenses 



148,652.24 



2,571.79 

21,667.39 

4,346.93 

4,317.98 
18,715.22 

4,952.92 
80,329.06 

3,171.66 

7, 667. 67 



163,347.43 



147,740.62 



15,606.81 



408 



N. C. CORPORATION COMMISSION". 



Atlantic Postal Telegraph-Cable Company. 



OFFICERS. 



Title. 



Name. 



Address. 



President 

Vice-President 

Secretary 

Treasurer 

General Superintendent 
Superintendent 



Albert B. Chandler - 
William H. Baker - 
Charles P. Bruch — 
Edward C. Piatt—- 

G. E. Paine 

G. W. Ribble 



253 Broadway, N. Y. 
253 Broadway, N. Y. 
253 Broadway, N. Y. 
253 Broadway, N. Y. 
Atlanta, Ga. 
Washington, D. C. 



RECEIPTS AND EXPENSES IN NORTH CAROLINA FOR THE YEAR ENDING JUNE 30, 1906. 



Receipts— 

This line out of State 

This line in State 

Stock and markets 

Money transfers 

District messenger 

This line cables 

Total 

Expenses — 

Salaries 

Commissions 

Messengers 

Messenger commissions 

Rents 

Light and fuel 

Freight and express 

Stationery 

Postage 

Equipment 

Battery 

Line repairs 

Supply store 

Superintendents and general office expense 
Total 



51,464.15 

1,060.17 

4,668.53 

2,345.52 

98.49 

494. 46 



60,111.32 



14,234.70 

6,114.04 

1,852.04 

4,974.83 

3, 928. 90 

1,213.39 

414.79 

22.68 

518.04 

346. 18 

324.28 

15,629.69 

3,400.35 

10,935.94 



63, 909. 85 



The Atlantic Postal Telegraph-Cable Company was organized April 10, 1889, under laws of New 
York State. 



THE PULLMAN COMPANY. 



409 



The Pullman Company. 

OFFICERS. 



Title. 


Name. 


Address. 




Robert T Lincoln - - 


Chicago, 111. 
Chicago, 111. 
Chicago, 111. 
Chicago, 111. 























CAPITAL STOCK. 



Capital stock - 



$ 17,100,000.00 



PROPERTY OPERATED. 



Total length of main lines of railroads over which its cars are run (miles) 
Mileage in North Carolina 



184, 187 
1,124 



Corp. 2 27 



410 



N. C. CORPORATION COMMISSION. 



Western Union Telegraph Company. 



OFFICERS. 



Title. 


Name. 


Address. 























PROPERTY OPERATED. 



United States and Great Britain (miles) 

Total length of line in North Carolina (miles) - 
Miles of pole line in North Carolina 



1,220,268 

20,556 

3,698 



CAPITAL STOCK. 



Capital stock $ 97,370,000 



RECEIPTS IN NORTH CAROLINA. 



Receipts from business wholly within the State 

Receipts from the State of North Carolina from interstate business 
Total 



67,515.56 
166,528.09 



234,043.65 



EXPENSES. 



Managers and operators 

Railroad proportion 

Clerks and office boys--- 
Battery men 

Other employees 

Messenger service 



Rent 



Fuel and light 

Batteries and instruments 

Stationery 

Miscellaneous 

Taxes 

Legal expenses, damage claims 

Pro rata expense, general superintendent's office 

Pro rata expense, executive office 

Maintenance of lines and wires 

Total 



70,049.44 

35.30 

7,198.99 

660.00 

1,951.80 

23,423.70 
5,750.46 
4,087.67 

15,921.27 
3,426.25 
9,333.79 
7,603.23 

20,960.28 
3,401.60 
5,212.16 

48,508.83 



227,524.77 



INCOME TAX. 



411 



INCOME TAX, 1906. 



County. 


Tax. 


County. 


Tax. 




$ 385.61 


Guilford- - - 


$ 2,242.68 
348 79 








3 00 




105 45 




92 54 




33 50 




7 00 




84 61 




241.82 




22 50 




66 18 


Hyde - -- - 


26.00 


Bladen -- - 


28 53 




375 81 




5 00 




8-50 




1,770 42 




176 92 


Burke 


108 13 




15 50 




828 93 




348 50 


Caldwell _ — 


220 00 




46 00 








14.00 




17 00 




17 00 




2 00 




75 50 




276 81 




58 00 




70 74 




2,442.90 




94.93 


Mitchell - — 




221 56 




69.65 


Clay - - - _ 






215 62 




157 27 




343 09 




245 23 




2,914.41 

7 00 




639.37 






458.86 




44 90 








359 79 












317 00 




336 40 




41 73 




8 00 




104 56 




50 90 




2,082.34 
494 34 




62 84 




Pitt - 


267 52 




2,101 37 


Polk - 






143 33 




193 63 




518 . 95 




240 95 








303 52 








795 08 


Granville - ________ 


238.00 


Rowan 


751. 58 


Greene 


9.00 


Rutherford 


231.50 



412 



N. C. CORPORATION COMMISSION". 



INCOME TAX-Continued. 



County. 



Sampson 

Scotland 

Stanly 

Stokes 

Surry 

Swain 

Transylvania . 

Tyrrell 

Union 

Vance 



Tax. 



$ 123.00 
79.75 
92.00 
13.00 
80.00 



10.00 
33.00 
112.68 

725.48 



County. 



Wake 

Warren 

Washington 

Watauga 

Wayne 

j Wilkes 

Wilson 

j Yadkin 

Yancey 

Total - 



Tax. 



$ 2,823.29 
100.90 
47.50 



714. 26 

89.25 

713.37 



31,387. 



Reports of the Condition of the State, Private and Savings Banks 
at the Close of Business on November 12, 1906, as Appears 
from the Reports Filed in the Office of the Commission. 



BANK OF ABERDEEN, ABERDEEN. 



H. A. Page, President. 



RESOURCES. 



J. W. Graham, Cashier. 



Loans and discounts $ 43,020.91 

Overdrafts 205.45 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 1 

Demand loans 

Due from banks and bankers 32,249.55 



3,985.44 



Cash items 

Gold coin 

Silver coin, including- all minor coin 
currency -- 

National bank notes and other U. S. 
notes 

Total 



17.04 
15.00 



129.29 
1,473.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

i Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



% 15,000.00 



1,399.62 



1,599.72 



81,095.68 



98.34 



Total 



81, 095. ( 



BANK OF AHOSKIE, AHOSKIE. 



J. T. Williams, President. 



D. R. McGlohan, Cashier. 



resources. 

Loans and discounts $ 35,912.17 

Overdrafts 1 

United States bonds j 

North Carolina State bonds j — 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



2,625.84 



7,829.53 
322.20 
272. 50 

103.02 



3,046.00 



50,111.26 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 12,500.00 
776. 76 



225.00 
36, 596. 50 



13.00 



50,111.26 



Corp. 2—28 



414 



N. C. CORPORATION COMMISSION. 



STANLY COUNTY LOAN AND TRUST COMPANY, ALBEMARLE. 
J. R. Price, President. J. M. Peeler, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total. 



$ 80,797.79 
148.49 



7,030.00 
1,468.75 



10,787.16 

155.81 

2,500.00 

1, 603. 52 

2,076.00 



106,567.52 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



$ 25,000.00 

2,500.00 

666.71 



2,500.00 



69,800.63 



5,293.35 



Total 106, 567. 52 



MERCHANTS AND MANUFACTURERS BANK, ANDREWS. 

W. P. Walker, President. J. W. Walker, Cashier. 



RESOURCES. 

Loans and discounts 


$ 36,630.98 


LIABILITIES. 

Capital stock 


$ 10,000.00 
600 00 








1,490.35 






Dividends unpaid 


All other stocks, bonds and mortgages- 










Banking house, furniture and fixtures- 


1,125.00 




. _ 




32,725.47 
9 738 96 






Demand certificates of deposit 




15, 660. 94 






Cashier's checks outstanding 


334.03 




65.00 
513.89 
893.00 




Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total 


54,888.81 


54, 888. 81 



MERCHANTS AND FARMERS BANK, APEX. 

W. H. Harward, President. J. R. Cunningham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency . 

National bank notes and other U. S. 

notes 



Total. 



$ 33,061.40 



23,488.02 

1,569.02 

7.50 

950.22 

4,203.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



$ 5,000.00 



800. 19 



38,117.61 
20, 699. 58 



Total 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



415 



O. R. Cox, President. 



BANK OF RANDOLPH, ASHBORO. 

W. J. Armfield, Jr., Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total ■ 



$168,400.98 
751.95 



5,475.00 



1,000.00 

52, 169. 19 

959. 35 

3,195.00 

2,418.19 

4,998.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 16,000.00 
20,000.00 
11,606.35 



187,273.42 
4,487.89 



BATTERY PARK BANK, ASHEVILLE. 

James P. Sawyer, President. 



J. E. Rankin, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds j 

Banking house, furniture and fixtures-! 

All other real estate owned 1 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$1. 



)59,774.82 
46,422.45 
20.00 
42,000.00 
38,516.67 



18,500.00 
11,857.96 



192,029.78 

15, 095. 03 

516.50 

11,980.65 

37,311.00 



Total 1, 474, 024. 86 



LIABILITIES. 

Canital stock $ 100,000.00 

Surplus fund 50,000.00 

Undivided profits 52,209.90 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 888, 779. 32 

Demand certificates of deposit — 330,341.96 

Due to banks and bankers 49,423.07 

Cashier's checks outstanding 1,101.24 

Certified checks 2,169.37 



Total 1,474,024.: 



CITIZENS TRUST AND SAVINGS BANK, ASHEVILLE. 

J. K. S. Ray, President. J. A. Campbell, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on^)onds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$130,367.95 
15.19 



Total - 



39,864.64 

11,643.94 

310.00 

382.19 

4,886.00 



191,469.91 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 50,000.00 



2,114.90 



15,000.00 



68, 877. 95 

34,001.97 

19,457.01 

2,018.08 



191,469.91 



416 



1ST. C. CORPORATION COMMISSION 



BANK OF ASHPOLE, ASHPOLE. 



A. S. Thompson, President. 



F. L. Blue, Cashier. 



RESOURCES. 

Loans and discounts $ 34,516.14 

Overdrafts j 548.54 

United States bonds ! 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 764.21 

All other real estate owned j 

Demand loans J 

Due from banks and bankers j 5,259.80 

Cash items 1 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 45,590.38 



580. 00 
1,561.69 



2,360.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



9,500.00 



1,092.45 



5,619.99 
29,332.94 



45.00 



45, 590. i 



BANK OF AULANDER, AULANDER. 



C. W. Mitchell, President. 



J. W. Mitchell, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 17, 654. 85 



$ 3,656.11 



2,136. 



9, 827. 18 
220. 00 
125.94 

1,689.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 7,265.00 



S2. 



Total 



10,282.03 



25.00 



17,654.85 



BANK OF AURORA, AURORA. 



J. B. Whitehurst, President. 



O. M. Hooker, Cashier. 



RESOURCES. 


$ 8,982.50 
93.73 


liabilities. 

Capital stock 

Surplus fund 


$ 10, 000. 00 


Overdrafts 


800.00 
481 03 










All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


2, 767. 60 




385 30 




9,782 79 












5,617.34 
322. 00 
365.00 

528. 95 

2,772.00 


















Silver coin, including all minor coin 


Total - - - 




National bank notes and other U. S. 
notes 




Total 


21,449.12 


21,449.12 







CONDITION" OF STATE, PRIVATE AND SAVINGS BANKS. 



417 



BANK OF AYDEN, AYDEN. 



Joseph Dixon, President. 



J. R. Smith, Cashier. 



RESOURCES. 

Loans and discounts $ 33,167.57 

Overdrafts j 926.18 

United States bonds 

North Carolina State bonds j 

All other stocks, bonds and mortgages-^ 

Premium on bonds 

Banking house, furniture and fixtures- 610.59 

All other real estate owned 

Demand loans 1 

Due from banks and bankers ! 33,431.69 



Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



149.06 
360.00 



1,645.52 



Total 75,533 



LIABILITIES. I 

Capital stock $ 13,500.00 

Surplus fund 1 2,700.00 

Undivided profits j 1,234.87 

Dividends unpaid 1 162.00 

Notes and bills rediseounted ; 

Bills payable j 

Time certificates of deposit ! 

Deposits subject to check j 56,355.26 

Demand certificates of deposit : 

Due to banks and bankers j 

Cashier's checks outstanding j 856.48 

Certified checks 725.00 



Total 



75, 533. 61 



BANK OF MITCHELL, BAKERSVILLE, 



I. H. Bailey, President. 



J. M. Bailey, Cashier. 



RESOURCES. 


$ 22,143.43 
4.95 


LIABILITIES. 


$ 10,000.00 
100. 00 
194. 52 


Overdrafts 


Surplus fund 




2,250.00 






All other stocks, bonds and mortgages- 






33.00 
1,147.15 
















16,994.73 
11,616.36 




2, 150. 00 
7, 609. 66 
1,055.00 
1,135.00 

343. 60 

1,212.00 


Demand certificates of deposit 






Cashier's checks outstanding 


178. 18 




Silver coin, including all minor coin 


Total - 




National bank notes and other U. S. 
notes 




Total- — — 


39,083.79 


39,083.79 







MITCHELL COUNTY BANK, BAKERSVILLE. 



J. S. Wilson, President. 



R. H. Bradshaw, Jr., Cashier. 



RESOURCES. 


$ 47, 834. 85 
13.17 


LIABILITIES. 


$ 11,500.00 










1,497.08 
























Banking house, furniture and fixtures - 


3,262.33 


Time certificates of deposit 

Deposits subject to check 


23,462.23 

48,751.99 








23,749.05 








Cashier's checks outstanding 


480.99 


Gold coin ______ 


2,695.00 
230. 89 

7,993.00 


Silver coin, including all minor coin 


Accrued interest due depositors 

Total 


86.00 


National bank notes and other U. S. 








Total ---- 


85,778.29 


85,778.29 







418 



N. C. CORPORATION COMMISSION. 



BANK OF BEAUFORT. 



T. A. Uzzell, President. 



Thos. Thomas, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency , 

National bank notes and other U. S. 

notes 



Total . 



$ 61,968.01 
372. 98 



600. 00 



20,832.50 
" _ 200.00" 
1,226.41 
5, 000. 00 



90, 199. 90 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 

5,000.00 

1,417.60 

35.00 



39,888.37 
2,385.68 



1,473.25 



90,199.90 



BANK OF BELHAVEN. BELHAVEN. 



C. P. Aycock, President. 



W. E. Stubbs, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 61,428.33 
13.81 



6,349.18 



26,357.40 

7.50 

697.50 

2,103.33 

7,352.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 25,000.00 
3,000.00 
5,474.63 



,547.61 
.727.32 



74.30 
485. 19 



104,309.05 



BETHEL BANKING AND TRUST COMPANY. 



M. O. Blount, President. 




W. H. WOOLARD, 


Cashier. 


RESOURCES. 


$ 23, 793. 01 
752.33 


LIABILITIES. 


$ 5 300 00 






2 000 00 






219 87 










All other stocks, bonds and mortgages- 












3 000.00 


Banking- house, furniture and fixtures- 


919.98 


Time certificates of deposit 


3,091.76 
33,428.25 












16, 787. 19 














4,787.37 






Silver coin, including all minor coin 
currency ? 

National bank notes and other U. S. 1 
notes J 


Total 




Total 


47, 039. 88 


47 039.88 









CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



419 



BANK OF BLOWING ROCK. 



C. J. Parlier, President. 



W. G. Hall, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin — 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense 



$ 10,080.67 
227. 98 



Total - 



2,225.00 



6,528.37 

50.00 

325.00 



1,800.00 
122.12 



21,706.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 



$ 5,000.00 



2, 776. 56 
13, 925. 44 



4.00 



WATAUGA COUNTY BANK, BOONE. 



N. L. Mast, President. 




E. S. Coffey, Cashier. 


RESOURCES. 


$ 26,716.10 
748.78 


LIABILITIES. 


$ 10,000.00 










1,539.10 








All other stocks, bonds and mortgages- 












3,546.00 




1,611.41 








23 600 51 












6,988.03 








Cashier's checks outstanding 


328 75 




690.00 

511.04 

1,749.00 




Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 
notes 




Total 


39,014.36 


39,014.36 



BREVARD BANKING COMPANY. 



J. F. Hays, President. 



T. H. Shipman, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 88,182.83 
270.01 



Total 123, 719. 



1,896.17 
30.03 



28, 904. 80 

275.29 

20.00 

725.80 

3.415.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



25,000.00 



7,734.39 
42.00 



27,110.07 
63, 070. 63 



347. 99 
414.85 



123,719. 



420 



N. C. CORPORATION COMMISSION. 



PEOPLES BANK, BREVARD. 



T. T. PATTON, President. 


W. P. Whitmire, 


Cashier. 


RESOURCES. 


LIABILITIES. 

Capital stock 


$ 14, 000. 00 


Overdrafts 'l4L91 






221.32 


North Carolina State bonds .. - - 
















Banking house, furniture and fixtures-; 2, 186.80 


Time certificates of deposit 


5,305.38 
20, 554. 91 














Cashier's checks outstanding- 


19.00 


Gold coin — - _ 695.00 


Silver coin, including: all minor coin 

currency 1,356.77 

National bank notes and other U. S. 
notes ! 4,318.00 


Total 




Total 1 40,159.10 

1 


40,159.10 


• 



BRYSON CITY BANK, BRYSON CITY. 



D. K. Collins, President. 



J. R. Long, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 67,604.41 



$ 40,656.96 



422.62 



19,831.05 
104.39 
225.00 

981.39 



2,427.23 



LIABILITIES. 



Capital stock $ 5,000.00 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - - 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



40, 302. 89 
19,209.59 



664.70 



Total 



67,604.41 



SWAIN COUNTY BANK, BRYSON CITY. 



A. M. Fry, President. 



A. J. DeHart, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 42,181.20 
283.57 



1,706.13 



9,236.30 

817. 88 

80.00 

477. 98 

1,939.00 



Total 56,722.06 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 10,000.00 
853.54 
511.16 



12,442.76 
32,497.25 



180.33 
37.02 



5, 722. 06 



CONDITION" OF STATE, PRIVATE AND SAVINGS BANKS. 



421 



BANK OF PENDER, BURGAW. 



W. D. Croom, President. 



C. C. Branch, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U, S. 

notes 



Total 49,627.15 



$ 36,396.55 



3, 426. 77 
500. 00 



6,267.29 

278.49 

20.00 

238.05 

2,500.00 



LIABILITIES. 

Capital stock $ 9,945.00 

Surplus fund 

Undivided profits 795.21 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 1, 650. 00 

Deposits subject to check 37, 148. 14 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 88.80 

Certified checks 



Total 



49, 627. 15 



ALAMANCE LOAN AND TRUST COMPANY, BURLINGTON. 



J. H. Holt, President. 



J. M. Fix, Cashier. 



RESOURCES. 


$170,597.03 
3,594.27 










All other stocks, bonds and mortgages- 


3,650.00 


Banking house, furniture and fixtures - 


1,878.34 








62,014.67 

12,998.19 

455 00 






Silver coin, including all minor coin 


2,996.29 
4,402.00 


National bank notes and other U. S. 




Total - - 


262,585.79 





LIABILITIES. 

Capital stock $ 45, 000. 00 

Surplus fund 10,575.00 

Undivided profits 8,276.04 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check — T 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors 



60,758.60 
137,033.65 



Total 262,585.79 



PEOPLES BANK, BURLINGTON. 



J. A. Davidson, President. 




A. L. Davis, 


Cashier. 


RESOURCES. 


$ 41,981.12 
6,622.65 


liabilities. 


$ 9, 945. 00 
800 00 










1,715.74 










5,000.00 














942.50 




15,456.97 
44,591.11 














14,233.64 

1,534.64 

300.00 

2,036.01 

2,254.00 








Cashier's checks outstanding 


2,140.74 




Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Total 




Total 


74,904.56 


74, 904. 56 







422 



N. C. CORPORATION" COMMISSION". 



BANK OF YANCEY, BURNSVILLE. 



J. W. Higgins, President. 



J. M. Lyon, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 73,130.11 



$ 39,300.20 
61.50 



3,259.73 




LIABILITIES. 

Capital stock — — $ 12,000.00 

Surplus fund - 



Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors — 



Total - 



3,611.5 



29,813.50 
27,292.46 



162.27 



250.00 



73,130.11 



CHAMPION BANK, CANTON. 



G. W. Maslin, President. 



C. M. Hampton, Cashier. 



RESOURCES. 

Loans and discounts $ : : !l 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 2, 

All other real estate owned 

Demand loans 

Due from banks and bankers 38,900.41 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 290.60 

National bank notes and other U. S 

notes " m '<>-<"> 

Total I 46,482.40 




LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — . 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total - 



$ 5,275.00 



5.79 



6,212.82 
34,860.34 



128. 45 



,482.40 



BANK OF CARTHAGE. CARTHAGE. 



W. J. Adams, President. 



D. S. Ray, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 116,722 



$ 77,831.42 
3,350.00 



2,527. 



24,321.56 
1, 250. 00 
3,692.04 
3,750.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total - 



$ 10, 000. 00' 



1,626.52 



1,646.07 
102,106.28 



1.344.01 



116,722.88. 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



423 



BANK OF CHADBOURN, CHADBOURN. 



J. A. Brown, President. 



D. C. Clark, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items ' 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 40,523.64 



$ 27,678.53 
975. 35 



600.00 
,000.00 



4,132.00 
1,065.98 



LIABILITIES. 




Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000-00 
1,750.00 

589.57 



28,068.02 
116705 



40,523.64 



BANK OF CHAPEL HILL, CHAPEL HILL. 



J. S. Carr, President. 



R. C. Shaw, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 90,997.04 



5,000.00 



Total 122,051.53 



1,443.: 



500.00 

18,883.72 

491.41 

30.00 

540. 52 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check — - 
Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 10,000.00 
1,500.00 
2,656.74 



27,467.57 
78,084.35 



2,342.87 



Total 122,051.53 



CHARLOTTE TRUST COMPANY. 



J. H. Little, President. 




L. R. Hagood, 


Cashier. 


RESOURCES. 


$431,656.86 


LIABILITIES. 


$ 100,000.00 












11,242.95 






















95,000.00 

62, 846. 98 

226,552.38 


Banking house, furniture and fixtures- 


5,000.00 


Time certificates of deposit 










63,449.44 


Due to banks and bankers 


29,302.77 












Silver coin, including all minor coin 


838.78 
24,000.00 


Total - - - 




National bank notes and other U. S. 








Total - - - -- - 


524,945.08 


524,945.08 







424 



N. C. CORPORATION COMMISSION. 



SOUTHERN LOAN AND SAVINGS BANK, CHARLOTTE. 

P. M. Brown, President. W. L. Jenkins, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes :- 



Total 



$258,742.21 



1,200.00 
1~500~00~ 



18,228.19 

33,937.08 

278.29 

790.00 

154.25 

1,504.00 



316J 



.02 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors- 



Total 



$ 25,000.00 
10,000.00 
6, 744. 08 



242,442.51 
30,722.29 



410.50 
1,014.64 



316,334.02 



SOUTHERN STATES TRUST COMPANY, CHARLOTTE. 

George Stephens, President. W. H. Wood, Treasurer. 



RESOURCES. 

Loans and discounts $886,992.15 

Overdrafts 9,564.25 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages -I 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 1,109,892.58 



3,000.00 
2,500.00 



143,830.43 

19,323.32 

1,105.00 

3, 127. 83 



40,449.60 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted-— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding— 

Certified checks 

Trust deposits 



Total 1,109,892.58 



$ 200,000.00 
50, 330. 14 



60,000.00 

96,665.89 

551,133.65 



106,916.44 
1,462.71 



43,383.75 



CHERRYVILLE BANK, CHERRYVILLE. 



S. S. Mauney, President. 



M. L. Mauney, Cashier. 



RESOURCES. 



309.21 



Loans and discounts 1$ 51,132.57 

Overdrafts 524.83 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



12,873.34 



845.00 
1, 172. 54 



1,229.00 



Total 68, 



.49 



LIABILITIES. 



Capital stock 

Surplus fund- 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



12,000.00 

500.00 

1,365.52 



18,175.00 
35, 792. 52 



253.45 



CONDITION" OF STATE, PRIVATE AND SAVINGS BANKS. 



425 



BANK OF CHINA GROVE, CHINA GROVE. 



C. B. Miller, President. 



W. C. Sifford, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 48,371.95 
.10 



Total 



600.00 



3, 579. 52 
975. 00 
532. 58 

3,255.00 



57,314.15 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted - - 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



9, 750. 00 
600.00 
603. 86 



4,000.00 
21,589.98 
20,443.58 



326.73 



57,314.15 



CLAYTON BANKING COMPANY. 



Ashley Horne, President. 



C. M. Thomas, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 79,150.79 



$ 51,246.77 
1,299.73 



3,527.79 



14, 755. 80 

268.75 

1,140.00 

2,503.95 

4,408.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 



4,619.17 



64,391.59 
140.03 



79, 150. 79 



MERCHANTS AND FARMERS BANK, CLEVELAND. 



B. A. Knox, President. 



D. P. Dellinger, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense, less profit 



$ 10,740.39 
107.27 



.32 



6,506.36 
681. OO" 

361. 74 

1,500.00 
386.20 



Total 20,965.28 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit ■ 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 5,000.00 



2,000.00 



4,829.41 
9,134.27 



1.60 



20, 965. 28 



426 



N. C. CORPORATION COMMISSION. 



BANK OF CLINTON, CLINTON. 



L. A. Bethune, President. 




H. McKlNNON, 


Cashier. 


RESOURCES. 


$ 90,112.71 
3,754.47 


LIABILITIES. 


$ 20,000.00 
6,250.00 
4, 045. 53 
















All other stocks, bonds and mortgages - 


1,000.00 










Banking house, furniture and fixtures- 


1,698.50 
2,100.00 


Time certificates of deposit 


29,526.36 

88,039.58 

9 559 13 




Demand certificates of deposit 




46, 069. 99 












980. 00 
3,254.93 
8,450.00 






Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 


Total 








Total 


157,420.60 


157,420.60 





BANK OF SAMPSON, CLINTON. 

G. A. Norwood, Jr., President. 



W. F. Peterson, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 18,285.50 



Total 41,833.30 



5, 357. 76 



12,296.61 
508. 67 
225.00 

214.76 

4,945.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _ 
Certified checks 



Total 



$ 10,210.00 



192.58 



13,932.56 
17,433.16 



65.00 



41,833. 



MERCHANTS AND FARMERS BANK, COLUMBIA. 



B. F. Duncan, President. 




R. H. Spruill, 


Cashier. 


RESOURCES. 


$ 27,862.36 
648.02 


LIABILITIES. 


$ 10,000.00 
384 49 




Surplus fund 




617 88 










All other stocks, bonds and mortgages- 












Banking house, furniture and fixtures- 


3,715.12 


Time certificates of deposit 


34,713.65 












6,242.44 
169.30 


Due to banks and bankers 


158. 00 












Silver coin, including all minor coin 


40.78 
7,196.00 


Total 




National bank notes and other U. S. 








Total - • 


45,874.02 


45,874.02 









CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



427 



CABARRUS SAVINGS BANK, CONCORD. 

H. I. Woodhouse, President. 



C. W. Swink, Cashier. 



RESOURCES. 


$530,422.50 
10,114.30 


LIABILITIES. 

Capital stock 


$ 50,000.00 




20.000.00 






26,575.39 






Dividends unpaid 




All other stocks, bonds and mortgages- 












Banking house, furniture and fixtures - 


5,000.00 



Time certificates of deposit 


122, 940. 50 
702,758.26 








303,633.24 
46, 604. 88 
13, 304. 50 

6,111.47 

32, 561. 00 


Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 


9,142.64 


Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


1,425.49 
] 4, 909. 61 


Total 




Total 


947,751.89 


947,751.89 









CITIZENS BANK AND TRUST COMPANY, CONCORD. 



A. J. Yorke, President. 



C. B. Wagoner, Cashier. 



RESOURCES. 

Loans and discounts $123,805.89 

Overdrafts 1 875.54 I 

United States bonds 

North Carolina State bonds '[ 

All other stocks, bonds and mortgages^! 

Premium on bonds 1 

Banking house, furniture and fixtures - 4, 467. 58 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Total 



7,075.95 

565.22 

2,414.86 


3,252.26 


6,373.00 


148,830.30 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 30,000.00 



2, 767. 62 



40,717.95 
62,910.35 



434.3 



BANK OF C00LEEMEE, C00LEEMEE. 



J. B. Mason, President. 



J. H. L. Rice, Cashier. 



resources. 

Loans and discounts $ 15,981.16 

Overdrafts j 

United States bonds 1 

North Carolina State bonds 1 

All other stocks, bonds and mortgages-' 

Premium on bonds j 

Banking house, furniture and fixtures- 586.99 

All other real estate owned 1 

Demand loans 5,860.00 

Due from banks and bankers 3,952.58 

Cash items 

Gold coin 10.00 

Silver coin, including all minor coin 

currency 974.25 

National bank notes and other U. S. 

notes 8,315.00 

Total 35,679.98 



liabilities. 

Capital stock $ 5,000.00 

Surplus fund ! 

Undivided profits 1 384.01 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 15,761.67 

Demand certificates of deposit 1 14,277.55 

Due to banks and bankers 

Cashier's checks outstanding 256.75 

Certified checks 



Total 



35,679. 



428 



N. C. CORPORATION COMMISSION. 



BANK OF CORNELIUS, CORNELIUS. 



F. C. Sherrill, President. 



J. T. Beard, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking- house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



75,481.26 
473. 36 



800. 00 



5,218.15 

" _ 505~66 

902. 51 

3,260.00 
86,640.28 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 10, 000. 00 
4, 736. 12 



33,140.64 
38, 507. 99 



255.53 



Total 



86, 640. 



BANK OF CREEDMOOR, CREEDMOOR. 



D. P. Wagstaff, President. 



W. R. Fleming, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 31,909.62 



Total 53,296.04 



1, 508. 



12,124.06 
470.23 



865.27 
418.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 7,500.00 
1,396.70 



3,000.00 
17,764.63 
23,374.48 



260.23 



,296.04 



CITIZENS BANK OF CREEDMOOR. 



Z. E. Lyon, President. 



I. E. Harris, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 62,280.06 



$ 34,503.47 



700.00 



1,000.00 
19, 247. 55 



6,829.04 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



- 1$ 7, 500. 00 



1,044.22 



3,000.00 



Total 



24.285.13 
26,188.26 



262.45 



>,280.06 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



429 



BANK OF DALLAS. 



L. L. Jenkins, President. 



M. A. Carpenter, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 61,528.67 
45.20 



Total 



6,000.00 



875. 00 
2,547.36 



1,620.00 

394. 79 

1,381.00 



74,392.02 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 

Certified checks 

Cash over 



Total 



$ 10,000.00 
_ ~2~239~11 



5,000.00 
31,471.37 
25,083.76 



582.78 
15.00 



74, 392. 02 



BANK OF STOKES COUNTY, DANBURY. 



J. H. Prather, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 31,151.97 
26.45 



2,457.35 



17,535.09 

231.54 

1, 060. 00 

741.26 

3,952.00 



N. E. Pepper, Cashier. 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 10,000.00 
1,122.29 



4,000.00 



22,912.97 

17,994.40 

79.43 

1,046.57 



BANK OF DOVER. 



G. V. Richardson, President. 



L. B. Byrd, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense inclusive 



Total. 



$ 7,499.80 
172.72 



1,570.14 



2,476.42 

2.55 

185.00 

532.09 

343.00 
303.40 

13,085.12 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors 



Total 



$ 5,000.00 
292.23 



882.00 
6, 904. 14 



6.75 



13,085.12 



Corp, 2 — 29 



430 



H"; C. CORPORATION COMMISSION. 



BANK OF HARNETT, DUKE. 



B. N. Duke, President. 



E. P. Davis, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 66,214.76 



$ 44,251.75 
91.48 



512.50 



19,016.83 
42.00 
20.00 

1,185.20 

1,095.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit — 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositor s- 



Total 



$ 10,000.00 
"~2~801~19 



17,988.56 
35,005.60 



274.10 
145.31 



,214.76 



BANK OF CAPE FEAR, DUNN. 



R. M. Nelson, President. 



C. R. Young, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total. 



90i.: 

490.5 



5,700.00 
4, 712. 90 



670. 91 
144. 79 
165. 00 

575.73 

90.00 



21,450.82 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 5,000.00 



1,293.06 



1,000.00 
1,100.00 



11,326.30 



1,676.77 
54.69 



21,450.82 



FIDELITY BANK DURHAM. 



B. N. Duke, President. 



J. F. Wily, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$709,924.63 
103.24 



185,311.88 



5,225.00 



Total 1,489,717.14 



411, 737. 95 

108, 804. 61 

22,382.94 

10, 065. 00 

7,281.89 

28,880.00 



LIABILITIES. 

Capital stock $ 100,000.00 

Surplus fund 200, 000. 00 

Undivided profits 81,892.72 

Dividends unpaid 605.00 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 425, 846. 32 

Deposits subject to check 1 591,760.33 

Demand certificates of deposit — 

Due to banks and bankers 80 

Cashier's checks outstanding 3 

Certified checks 

Accrued interest due depositors - 



Total 



823.24 
573. 14 
216.39 
000.00 



1,489,717.14 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



431 



HOME SAVINGS BANK, DURHAM. 



George W. Watts, President. 



W. W. Whitted, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 258,560.95 



LIABILITIES. 



$190,899.63 



5, 707. 84 
35.50 



20,542.34 
2,650.44" 



30,401.04 
12,471.03 I 
244.30 ! 
12.50 

426.67 

913.00 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 

Certified checks 

Savings deposits 144,605.01 



$ 50,000.00 



44,537.96 
13,625.42 



).22 



Total 



258, 560. 95 



MERCHANTS BANK, DURHAM. 



C. C. Thomas, President. 



P. S. Hutchins, Cashier. 



RESOURCES. 



Loans and discounts '- 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$111,719.53 
188.45 



Total 136, 452. 68 



1,1 



.45 



935.00 

17,663.86 

975.39 

205.00 

967. 00 

2,718.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted - - 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 25,000.00 



1,133.51 
30.00 



25,624.90 
63,458.98 
20,206.40 



998.85 



136,452.68 



PEOPLES BANK, EAST DURHAM. 



G. E. Smith, President. 



L. D. Kirkland, Cashier. 



RESOURCES. 



Loans and discounts 

Ovei'drafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense account 



Total - 



$ 22,826.97 
12.50 



835.79 



2,722.66 

367. 99 

10.00 

125.04 

801.00 
609.76 

28,311.71 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 
"~563~32 



2,500.00 



14,190.66 
847. 95 



209.78 



432 



N. C. CORPORATION COMMISSION". 



BANK OF EDENTON. 



Julien Wood, President. 



W. A. Leggett, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 197,513.42 



$ 98,626.95 
1,740.50 



33,400.00 

325.00 

4,246.90 



24,650.00 

27,632.28 

117.28 

650.00 

741.51 

5,383.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 50,000.00 
6, 594. 00 



10,000.00 
130,617.07 



6.23 
146. 90 
149.22 



197,513.42 



CITIZENS BANK, EDENTON. 



W. T. Old, President. 



C. H. Wood, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 77,765.67 
3,113.71 



Total 



8, 887. 98 



9, 975. 65 
826.20 
120.00 

2,187.13 

4,628.00 



107,504.34 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit-— 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 



$ 25,000.00 
2,444~09 



10,000.00 
69,823.38 



36.87 
200. 00 



107,504.34 



CITIZENS BANK, ELIZABETH CITY. 



O. McMullan, President. 



M. R. Griffin, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 



$206,151.47 
1,738.42 



21,550.00 

500.00 

8,700.00 

1,400.00 

1,605.74 

53,110.70 
2,225.31 
1,285.00 

2,500.12 



308,069.76 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding -. 

Certified checks 

Reserve for interest 



25,000.00 

20,000.00 

3,112.43 



Total 



258,620.09 



145.44 



1,191.! 



308,069.76 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 433 



SAVINGS BANK AND TRUST COMPANY, ELIZABETH CITY. 

W. T. Old, President. H. G. Kramer, Cashier. 



RESOURCES. 



$110, 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 2, 

All other real estate owned 

Demand loans 24, 

Due from banks and bankers 7, 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Accrued interest receivable 1, 



897.00 
.27 



000.00 
950. 00 



000.00 



945.67 
515.09 
139. 85 
255.00 

231.11 

967.00 
835.20 



Total 160,736.197 



LIABILITIES. 



;$ 25,000.00 



4,124.12 



3,000.00 

4,387.43 

123,109.64 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors- 



Total 160,736.19 



BANK OF ELLENBORO. 



D. B. Harrell, President. 



W. S. Simmons, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver- coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 12,629.70 



$ 8,206.00 
89.63 



604. 71 



1,566.79 
162.00 



629.57 
1,371.00 



LIABILITIES. 

Capital stock $ 3,710.00 

Surplus fund- 1 

Undivided profits 1 79.51 

Dividends unpaid 1 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- - 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



550. 00 
8,215.19 



75.00 



12,629.70 



ELM CITY BANK. 



John L. Bailey, President. 



E. O. McGowan, Cashier. 



resources. 


$ 41,062.86 
1,582.43 


LIABILITIES. 


$ 10,000.00 








Undivided profits 


6,202.72 






















Banking house, furniture and fixtures - 


2,513.18 


Time certificates of deposit 


14, 938. 13 
31,963.93 






Demand certificates of deposit 




13,900.25 






Cashier's checks outstanding 


70.00 




4,116.06 


Silver coin, including all minor coin 1 
currency r- 

National bank notes and other U. S. 1 
notes J 


Total - ..— - 




Total 


63,174.78 


63,174.78 







434 



K. C. CORPORATION COMMISSION. 



TOISNOT BANKING COMPANY, ELM CITY. 



R. S. Wells, President. 



R. T. Barnhill, Cashier. 



RESOURCES. 

Loans and discounts $118,548.85 

Overdrafts 1 847. 54 

United States bonds ; 

North Carolina State bonds j 

All other stocks, bonds and mortgages 

Premium on bonds 



Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



3,675.00 



45, 209. 91 
319. 10 
915. 00 

1,090.00 

9,549.00 



Total ' 180,154.40 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



$ 20,000.00 



2,037. 



Total 



50,751.11 
107,269.79 



95.84 



180,154.40. 



BANK OF ENFIELD. 



G. B. Curtis, President. 



Ivey Watson, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$113,982.45 
. 1,361.02 



800.00 
,489.34 



24,551.55 
476. 98 
780. 00 

2,187.22 

5,272.00 



155,900.56 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 

Certified checks 

Accrued interest 



Total 155,900.56 



$ 10,000.00 
10,000.00 
9,373.78 



45, 397. 90 
79,745.95 



382.93 
1,000.00 



COMMERCIAL AND FARMERS BANK, ENFIELD. 



S. C. Bellamy, President. 



E. W. Simpson, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



currency 

National bank notes and other U. S. 



Total 94,452.30 



$ 73,510.54 
759.61 



5,300.00 



10,427.78 
303.20 
222. 50 

394.67 

3,534.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 



$ 10, 000. 00 



887.03 
16.00 



5,000.00 
3,700.00 

74,437.87 



94,452.30 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



435 



BANK OF FAIR BLUFF. 



J. E. Dick, President. 



J. F. Rogers, Cashier. 



RESOURCES. 

Loans and discounts $ 21,694.11 

Overdrafts 1,515.73 

United States bonds 

North Carolina State bonds 1— 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash ] 

Gold coin I 

Silver coin, including all minor coin ( 

currency f 

National bank notes and other U. S. I 

notes J 



Total 44,559.05 



883.20 
300.00 



13,222.14 



2,943.87 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 



735.28 



3,896.20 
29,884.53 



43.04 



BANK OF FAISON. 



W. E. Borden. 



M. McD. Williams, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 44,908.72 



$ 30,915.21 



3,650.00 



7,179.35 

10.00 

1,402.16 

1,752.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding -_- 

Certified checks 

Accrued interest due depositors- 



Total 



$ 10,000.00 

2,500.00 

237.50 



9, 919. 13 
21,519.21 



503.43 
229.~45 



BANK OF FARMVILLE. 



R. L. Davis, President. 



J. R. Davis, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



currency 

National bank notes and other U. S. 



Total - 



$ 28,556.71 
1,685.26 



1,630.50 



35,938.72 
146.95 
470.00 

709.55 

10,413.00 



79,550.69 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 
1,000.00 
1,176.96 



603.75 
66,723.29 



46.69 



79,550.69 



436 



H". C. CORPORATION COMMISSION". 



BANK OF FAYETTEVILLE. 



H. W. Lilly, President. 




C. M. Hughes, 


Cashier. 


RESOURCES. 


$442,331.26 
10,050.41 


liabilities. 
Capital stock 


$ 100,000.00 

50,000.00 

4,761.48 

195. 00 

33, 550. 00 














All other stocks, bonds and mortgages- 


23,274.00 

6,000.00 

6,001.00 

11,542.60 

25,265.00 

90,056.82 

5,776.41 

4,110.00 

5,986.40 

46, 677. 00 

677,070.90 


Notes and bills rediscounted 


Banking house, furniture and fixtures 










488,132.86 














Cashier's checks outstanding 


431.56 


Gold coin 


Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Total - — - - 




Total - ' 


677 070.99 









FAYETTEVILLE SAVINGS AND TRUST COMPANY. 

Leighton Huske, President. A. McKeithan, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 1 

Gold coin I 

Silver coin, including all minor coin { 

currency ' 

National bank notes and other U. S. I 

notes J 



$ 12,625.00 



Total 22,897.02 



1,000.00 
42.80 



7,901.47 



1,327.75 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 17, 175. 00 



209. 



5,512. 



22,897.02 



FOREST CITY BANK. 



G. E. Young, President. 



J. S. BiGGERSTAFF, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 47,807.45 



$ 31,074.11 
606. 74 



2,500.00 



10, 550. 08 

""180^00 

695.52 

2,201.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — . 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding -. 
Certified checks 



Total 



$ 12,000.00 

514.94 

1,101.20 



3,847.05 
29,440.69 



903.57 



47,807.45 



CONDITION" OF STATE, PRIVATE AND SAVINGS BANKS. 



43' 



BANK OF FRANKLIN. 



F. S. Johnston, President. 




J. G. SlLER, 


Cashier. 


RESOURCES. 


$ 45,326.39 
135.96 


LIABILITIES. 


$ 10,000.00 
3,000.00 
4,301.59 












1,000.00 




All other stocks, bonds and mortgages- 






25.00 

1,828.52 






Banking house, furniture and fixtures - 








78 171 53 












39,827.80 

5,055.00 

805.00 

481.18 

2,512.00 








Cashier's checks outstanding 


1, 523. 73 






Silver coin, including all minor coin 


Total - — -- 




National bank notes and other U. S. 
notes 




Total 


96,996.85 


96,996.85 







CITIZENS BANK, FRANKLINTON. 



C. S. Williams, President. 



W. F. Joyner, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 74,385.14 



$ 59,801.14 
1,287.46 



1,243.64 



6,524.06 
200.80 
220.00 

685.04 

4,423.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills redis counted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 15,000.00 



1,986.44 



56,366.47 



74. 



BANK OF FREMONT. 



J. T. Hooks, President. 



Cutlar Lee, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 1 

Gold coin 

Silver coin, including all minor coin { 

currency ' 

National bank notes and other U. S. I 

notes J 



Total 125,763.37 



$ 59,667.73 
1,249.67 





4,018.30 

1,987.05 

5,879.65 

41,183.81 

11,777.16 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 125,763.37 



$ 12,500.00 



4,772.59 
8.00 



10,000.00 
21,553.86 
60, 102. 10 
16,540.66 



286. 16 



438 



N. C. CORPORATION COMMISSION. 



GASTON LOAN AND TRUST COMPANY, GASTONIA. 

L. L. Jenkins, President. E. G. McLurd, Treasurer. 



RESOURCES. 


$ 73,067.61 
77.22 


LIABILITIES. 


$ 15,000.00 
1 500 00 










1,044.02 












Notes and bills rediscounted 


6,000.00 
5 000 00 






Banking house, furniture and fixtures- 


3,800.00 


Time certificates of deposit 


20,671.49 
36 811 83 




687.00 

6,893.22 

857. 03 

330.00 

479.79 

938.00 
630.31 


Demand certificates of deposit 


857 03 








Cashier's checks outstanding 


310 11 






Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 




565 70 


Total 














87, 760. 18 


87,760.18 







BANK OF GATES, GATESVILLE. 



L. L. Smith, President. 



R. R. Taylor, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 43, 622. 67 
109. 14 



Total 64,200.60 



3,875.44 



11,966.87 
126.00 
260.00 

467.48 

3,773.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors- 



$ 10,000.00 



Total 



2,299.99 



22,434.42 
28, 869. 45 



5.74 
181.00 
410.00 



64,200.60 



BANK OF GIBSON. 



W. T. Pate, President. 



L. M. Blue, Cashier. 



RESOURCES. 



Loans and discount 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total -r 82,268.46 



$ 49,792.40 
14.37 



27,149.31 



1,297.14 



300.00 
1,347.24 
2,368.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 15, 000. 00 

1,000.00 

1,457.33 

16.00 



64, 641. 73 
""153740 



82,268.46 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



439 



BANK OF WAYNE, GOLDSBORO. 



E. B. Borden, President. 



W. E. Borden, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts .- 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 807,894.74 



$476, 
7, 



462.01 
268.00 



000.00 
400.00 
000.00 



211 



154.01 
221.97 



135. 00 
810.75 
443. 00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 125, 
75, 
36, 



000.00 

000. 00 

742.00 

40.00 



270 

1 

27 

5. 



947.65 
304.09 
090.02 
743.58 
027.40 



807,894.74 



GOLDSBORO SAVINGS AND TRUST COMPANY. 



G. A. Norwood, Jr., President. 



H. C. Smith, Cashier. 



RESOURCES. 



Loans and discounts $160,165.79 

Overdrafts 1 

United States bonds 1 

North Carolina State bonds ' 

All other stocks, bonds and mortgages 

Premium on bonds ! 

Banking house, furniture and fixtures-; 

All other real estate owned ' 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 182,908.94 



20,498.20 
2,244.95 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



15,000.00 



Total 



,206.10 



156,107.84 
5,595.00 



182, 908. 94 



BANK OF ALAMANCE, GRAHAM. 



E. M. Armfield, President. 



Charles A. Scott, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 1 



$ 84,304.00 
4,407.64 



4,883.73 



2,700.00 
8,277.35 
2.129.75 



currency 

National bank notes and other U. S. 
notes 



Total 111,770.09 



5,067.62 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 



$ 25,000.00 
5,000.00 
4, 795. 35 



12,500.00 



11,928.40 
52,202.53 



343. 81 



111,770.09 



440 



N. C. CORPORATION COMMISSION. 



CITIZENS BANK OF GRAHAM. 



J. A. Long, President. 



C. C. Thompson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 25,918.55 
363.89 



Total 30, 



923. 54 



85.53 



470.00 
1,247.07 
1,260.00 



. :,H 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 10,000.00 
913~74 



2,800.00 
6,390.23 
9,691.97 



263.55 
209.09 



30,268.58 



GREENSBORO LOAN AND TRUST COMPANY. 



J. W. Fry, President. 



W. E. Allen, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



currency 

National bank notes and other U. S. 



Total 1,310,168 



,173.51 
274. 16 



10,000.00 

1,600.00 

200.00 

37,179.17 



80,422.05 

130, 956. 71 

26,548.27 

17,168.00 

3,820.79 

18,826.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 1,310,168.66 



$ 100, 
22, 
14, 



000.00 
000.00 



72,000.00 



)37,740.08 


72,795.22 


84,600.83 


1,130.62 


35.00 


5,473.05 



SOUTHERN LIFE AND TRUST COMPANY, GREENSBORO. 

E. P. Wharton, President. R. G. Vaughn, Treasurer. 



RESOURCES. 

Loans and discounts $511,275.23 

Overdrafts 2, 171.05 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 195, 578. 25 

Premium on bonds 

Banking house, furniture and fixtures- 77,895.63 

All other real estate owned 

Demand loans 103,266.18 

Due from banks and bankers 141, 503. 54 

Cash items 1 38,734.48 

Gold coin 7,500.00 

Silver coin, including all minor coin 

currency i 5,719.86 

National bank notes and other U. S. ! 

notes l 28,115.00 

Total i,lll,759.22 

I 



LIABILITIES. 

Capital stock $ 200, 

Surplus fund 100, 

Undivided profits j 6, 

Dividends unpaid ' 

Notes and bills rediscounted 15, 



Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



000.00 
000.00 
399.73 



<>.->. 



765. 10 
000. 00 



519, 

32, 

168, 

2, 



993.49 
897. 43 
953.17 
722. 80 
27.50 



Total 1,111,759.22 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



441 



BANK OF GREENVILLE. 



R. L. Davis, President. 



James L. Little, Cashier. 



RESOURCES. 

Loans and discounts $156,128.54 

Overdrafts 3,260.30 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 2, 400. 00 
Premium on bonds 



Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including - all minor coin 

currency 

National bank notes and other U. S. 



notes 



Total - 



7,972.32 



47,833.25 
3,246.04 
2,419.50 

1,853.26 

33,031.00 



258, 144. 21 



LIABILITIES. 

Capital stock $ 25,000.00 

Surplus fund 25, 000. 00 

Undivided profits j 13,330.96 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding 3,563.99 

Certified checks ! 



12,085.93 
179,163.33 



Total ; 258,144.21 



THE GREENVILLE BANKING AND TRUST COMPANY. 



R. J. Cobb, President. 




C. S. Carr, 


Cashier. 


RESOURCES. 


$159,087.16 
5,669.96 


LIABILITIES. 

Capital stock 


$ 25,000.00 
12,500.00 

3,887.85 














All other stocks, bonds and mortgages- 


1,000.00 








20,000.00 
19 442.94 




2, 658. 59 








120,742.76 










25,273.09 
601.48 




520 00 




Cashier's checks outstanding 


449 48 






Silver coin, including all minor coin 


249.75 

8,003.00 

202,543.03 


Total 




National bank notes and other U. S. 
notes 




Total - - 


202,543.03 





BANK OF HALIFAX. 



W. H. S. Burgwyn, President. 



F. H. Gregory, Cashier. 



RESOURCES. 


$ 1,413.84 


LIABILITIES. 

Capital stock 


$ 3,850.00 










1 34 










All other stocks, bonds and mortgages- 
















325.00 








Deposits subject to check 


6,657.74 








7,973.31 
25.00 




50 43 














Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 


75.36 
747.00 


Total 








Total 


10, 559. 51 


10, 559. 51 





442 



N. C. CORPORATION COMMISSION. 



BANK OF HAMLET. 



E. A. Lackey, President. 



J. L. Bishop, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total. 



$ 52,268.24 
790.69 



3,075.45 



38, 440. 10 

3,369.41 

750.00 

723.03 

2,051.00 

101,467.92 



LIABILITIES. 



Capital stock * 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 



$ 6,500.00 



5,591.07 
56.25 



85,204.49 



, 854. 92 
261.19 



101,467.92 



•GRANITE SAVINGS AND TRUST COMPANY, HAW RIVER. 

B. S. Robertson, President. J. A. Long, Cashier. 



RESOURCES. 


$ 48,981.26 
117.03 


LIABILITIES. 


$ 5,000.00 
1,400.00 
1,695.77 


















All other stocks, bonds and mortgages - 












5,000.00 

9,097.62 

28,605.77 


Banking house, furniture and fixtures- 


615.49 














875.44 
269. 59 




2,237.77 
68.05 


Cash items 


Cashier's checks outstanding 


Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 


1,514.17 
732.00 


Total - - - 








Total — — 


53,104.98 


53, 104. 98 









CITIZENS BANK, HENDERSON. 



J. B. Owen, President. 



W. A. Hunt, Cashier. 



$484,118.46 
4, 618. 93 



28,500.00 

961.25 

10,732.73 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes j 19,698.00 

Insurance department 4 j 1,520.02 



38,707.24 

4, 645. 11 

800. 00 

1,523.33 



Total 645,825.07 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 

Certified checks 

Savings deposits 



Total 



$ 100, 
35, 
10, 



000.00 
000. 00 
010. 94 



40,500.00 
•357" 



S.33 

,389.20 



920. 52 

196.04 

96.00 

,704.04 



645,825.07 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



443 



BANK OF HENDERSONVILLE. 



A. Cannon, President. 



J. A. Maddrey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

NorthCarolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 183,983.78 



$136,757.66 
351. 97 



3,000.00 



5,908.75 

22,325.18 

712.15 

1,745.00 

1,756.07 

11,427.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



27,000.00 

3,000.00 

179.60 



44,941.03 
106,034.07 



2,481.23 

334. 58 

13.27 



183,983.78 



COMMERCIAL BANK, HENDERSONVILLE. 



W. J. Davis, President. 



H. G. Morris, Cashier. 



RESOURCES. 



Loans and discounts $122,109.79 

Overdrafts j 458.81 

United States bonds 1 

North Carolina State bonds j— . 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total- 



7,065.69 



2,229.12 
11,036.37 



1,500.00 
2,817.19 



5,337.00 
152,553.97 



LIABILITIES. 



Capital stock 

Surplus fund : 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 20,000.00 
2,140.00 
4,549.33 



7,797.43 



44, 966. 62 
63, 477. 03 



6,522.48 
3,101.08 



152, 553. 97 



HERTFORD BANKING COMPANY. 



W. S. Blanchard, President. 




L. W. Norman, 


Cashier. 


RESOURCES. 


$ 76,628.86 


LIABILITIES. 


$ 15,000.00 
7,500.00 
2 117 79 




Surplus fund 

Undivided profits 




























Banking house, furniture and fixtures - 


10,700.00 


Time certificates of deposit 


24,318.00 
63 656 50 












18,075.90 

1,366.46 

225. 00 

385.00 

5,462.00 








Cashier's checks outstanding 


250 93 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total _ _ - 


112,843.22 


112,843.22 







444 



K. C. CORPORATION COMMISSION. 



HICKORY BANKING AND TRUST COMPANY. 
J. F. Abernethy, President. J. W. Blackwelder, Cashier. 



11 



RESOURCES. 

Loans and discounts !$112,657.44 

Overdrafts j 1,405.61 

United States bonds : 

North Carolina State bonds j 

All other stocks, bonds and mortgages-! 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 141,337.47 



2,500.00 

8,916.30 

945.32 

1,210.00 

2,361.69 



3,349.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --• 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



$ 35,000.00 



Total 141,337.47 



3,498.38 
5,000.00 



60,000.00 
36,897.80 



795.61 
145.68 



HIGH POINT SAVINGS AND TRUST COMPANY. 

S. H. Hilliard, President. 



E. L. Ragan, Cashier. 



RESOURCES. 


$ 99,195.29 


LIABILITIES. 
Capital stock 


$ 25,000.00 








3,723 81 










All other stocks, bonds and mortgages- 
















991.32 










81,743.60 












9, 322. 55 
176. 15 
118.50 

153.60 

510. 00 

110,467.41 


















Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Total - - 




Total 


110 467.41 









BANK OF ORANGE, HILLSBORO. 



J. S. Spurgeon, President. 



P. C. Collins, Cashier. 



resources. 

Loans and discounts $ 44,285.00 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 903.43 

All other real estate owned 

Demand loans 1,500.00 

Due from banks and bankers 7,327.08 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency ! 840.58 

National bank notes and other U. S. 

notes 3,577.00 

Total i i".:-.V! 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 5, 000. 00 



2,354.39 



22,443.93 
28,994.77 



58,793.09 



CONDITION OF STATE, PRIVATE AND SAYINGS BANKS. 



445 



BANK OF HOPE MILLS. 



H. W. Lilly, President. 



C. W. Seate, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense 



$ 7,974. 



2, 914. 72 
180. 50 



695. 70 



1,190.00 
743.49 



Total 17,643.79 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



5,000.00 



872.45 



17,643.79 



BANK OF HOT SPRINGS. 



J. C. Rumbough, President. 



G. E. Naff, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 19,615. 



550. 10 



8,205.38 
502.43 
300.00 

438.45 

1,182.00 



30,794.22 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 



401.67 



5,094.87 
15, 297. 68 



),794.22 



BANK OF NORTHAMPTON, JACKSON. 



J. T. Flythe, President. 



E. J. Gay, Cashier. 



RESOURCES. 

Loans and discounts $ 36,355.03 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds' 

Banking house, furniture and fixtures -j 777.03 
All other real estate owned 

Demand loans 1 

Due from banks and bankers I 14,087.60 



Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 

Total 



990.25 
205. 00 



510.03 
1,587.00 



54, 511. 94 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



5,000.00 

1,185.78 

259.07 



47,902.09 
165.00 



54,511.94 



Corp. 2 — 30 



446 



N. C. CORPORATION COMMISSION. 



BANK OF ONSLOW, JACKSONVILLE. 



J. W. Burton, President. 



N. S. Cockran, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 22,041.01 
182. 82 



8,302.47 
204.33 
400. 75 

833.77 

2,295.00 



, 260. 15 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --• 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



8,000.00 



633.47 



Total 



27,324.06 



BANK OF ASHE, JEFFERSON. 



J. E. Finley, President. 



W. H. Worth, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 90,990.24 



$ 60,312.25 
881.20 



498. 73 



24,117.86 

1,265.42 

540.00 

346.78 

3,028.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



15,000.00 

1,500.00 

823.61 



6, 387. 32 
65, 657. 93 



1,621.38 



Total 



90,990.24 



BANK OF J0NESB0R0. 



J. L. Godfrey, President. 



A. W. Huntley, Cashier. 



2,050.00 



resources. 

Loans and discounts $ 34,513.84 

Overdrafts 493.48 

United States bonds 1 

North Carolina State bonds — 

All other stocks, bonds and mortgages-^ 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 59,549.08 



9,150.00 

6,547.47 

1,119.00 

25.00 

850.29 



, 800. 00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 6,000.00 

500.00 

1,760.82 



8,526.71 
42,413.77 



347. 78 



59,549.08 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



447 



BANK OF KENLY. 



T. W. Tilghman, President. 



R. H. Alford, Cashier. 



RESOURCES. 

Loans and discounts i$ 20,778.94 

Overdrafts 1 3,907.94 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 700.00 

All other real estate owned 

Demand loans 

Due from banks and bankers 8, 237. 11 

Cash items 85.00 

Gold coin 450.00 

Silver coin, including all minor coin 

currency 153. 16 

National bank notes and other U. S 

notes ! 2,161.00 

Total 36,472.21 



LIABILITIES. 

Capital stock $ 10,000.00 

Surplus fund i 

Undivided profits 1 818.48 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 3,000.00 

Deposits subject to check 22,561.31 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 92.42 

Certified checks 



Total 



472.21 



BANK OF KERNERSVILLE. 



W. H. Mendenhall, President. 



G. V. Fulp, Cashier. 



RESOURCES. 



Loans and discounts $ 45,522.41 

Overdrafts i 226.30 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 76,767.75 



6,225.00 

19,521.86 

44.87 

960.00 

943.95 



2, 335. 00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unoaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



7,500.00 



2,322.36 



-I 38,803.71 
■ 27,151.03 



Total 



864. 97 
125.68 



76,767.75 



FORSYTH BANK AND TRUST COMPANY, KERNERSVILLE. 

J. Van Lindley, President. J. M. Guyer, Cashier. 



RESOURCES. 
Loans and discounts $ 9,705.43 



Overdrafts - 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense less profits 



Total - 



1.97 



250.00 



1,147.25 

855.00 

439. 67 

1,160.00 
284.62 



13,843.94 



LIABILITIES. 



Capital stock * 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



550.00 



4,326.99 

1, 919. 95 

1,000.00 

47.00 



13,843.94 



448 



N". C. CORPORATION" COMMISSION. 



KINGS MOUNTAIN BANK. 



F. Dilling, President. 



W. S. Dilling, Cashier. 



RESOURCES. 

Loans and discounts $ 41,855.90 

Overdrafts j 

United States bonds --. 

North Carolina State bonds ' 

All other stocks, bonds and mortgages 

Premium on bonds • j 

Banking house, furniture and fixtures- 300.00 

All other real estate owned 1 

Demand loans j 3,700.00 | 

Due from banks and bankers 25, 325. 89 

Cash items 1 

Gold coin 

Silver coin, including all minor coin 

currency 361.20 

National bank notes and other U. S. 

notes 1,750.00 



LIABILITIES. 



Total 73,292.99 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 
2,350~00 
13,000.00 



38, 990. 27 
7,850.00 



1,102.72 



73,292.99 



BANK OF KINSTON. KINSTON. 



E. F. Cox, President. 



R. C. Strong, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 396,503. 



$254,565.23 
1,805.43 



1,100.00 
5, 767. 94 



96,113.60 
8,105.66 
1,500.00 

12,590.03 

14,956.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted - 
Bills payable 

Time certificatees of deposit - 

Deposits subject to check 

Demand certificats of deposit 

Due to banks and bankers 

Cashier's checks outstanding 
Certified checks 



Total 



$ 50,000.00 

"47^969! 87 

2~5(XK00 



240,610.07 
34, 972. 62 
17,141.66 
3,309.67 



396,503. 



CITIZENS BANK, KINSTON. 



N. J. Rouse, President. 



C. F. Harvey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts '--- 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned , 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$253,843.28 
6,218.37 



Total 396,249.40 



17,740.65 



88, 188. 80 
1,399.22 
1,840.00 

5,285.08 

21,734.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total 



$ 50,000.00 

7, 500. 00 

20,498.20 

8.00 



232,410.43 

84,329.63 

762.06 

741.08 



396,249.40 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



449 



BANK OF LA GRANGE, LA GRANGE. 



G. A. Norwood, Jr., President. 



J. D. Walters, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 24,924.35 
3,091.34 



Total - 



605.87 



5,000.00 
15,880.53 



5.00 
506.73 



5,848.00 



53,861.82 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 
1,652.94 



13, 645. 00 
28,563.88 



53,861. 



ROUSE BANKING COMPANY, LA GRANGE. 



N. J. Rouse, President. 



T. R. Rouse, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 69,762.94 



$ 30,060.10 
2,686.03 



1,095.00 



32,562.98 

29.00 

595.00 

963.83 

1,771.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 15,000.00 

1.287.18 

928.46 



7,734.00 
43,914.09 



899.21 



69,762.94 



SCOTLAND COUNTY SAVINGS BANK, LAURINBURG. 

A. L. James, President. Hinton James, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 174,965. 



$154,005.59 



8,000.00 



12,960.27 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid . 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors- 



Total 



$ 10,000.00 



3,452.54 



161,013.32 



500.00 



174,965.86 



450 



N". C. CORPORATION" COMMISSION. 



BANK OF LEAKSVILLE, LEAKSVILLE. 



D. F. King, President. 



A. T. Hopper, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U, S. 

notes 



Total 218,687.04 



$155, 552. 42 
782.42 



885.00 



47, 662. 87 
"~34L00 
2,659.33 
10, 804. 00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 



$ 30,000.00 
5,181.45 



94,125.77 
78,241.52 



8, 650. 24 
223. 93 
178. 96 

2,085.17 



218, 687. 04 



BANK OF LENOIR, LENOIR. 



G. W. F. Harper, President. 



J. H. Beall, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 241,450.79 



$185,880.76 
305. 96 



270. 00 
3,215.00 



31,484.83 
2,860.00 
1,234.24 

11,700.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors — 



$ 10,000.00 



Total 241,450.79 



22, 759. 14 



174,216.59 

32,340.26 

1,634.80 



COMMERCIAL BANK, LENOIR. 



T. J. Lutz, President. 



O. P. Lutz, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 87,421.67 

734.85 

12,500.00 



593. 75 
4,450.00 



500.00 
24,550.61 



300.00 
2,897.41 
3,000.00 



136,948.29 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted ~ 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 



1,349.43 



7,500.00 
28,603.99 



136,948.29' 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



451 



BANK OF LEXINGTON. LEXINGTON. 



G. W. Montcastle, President. 



W. H. Mendenhall, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 



$322,701.70 
5,313.41 



5,650.00 
3,586.72 



30,703.25 

9,037.12 

927.50 

1,308.12 

5,144.00 



,371. 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 50,000.00 
_ 19,662.91 



4,250.00 



138, 352. 82 

157,863.38 

14,242.71 



,371.82 



BANK OF LIBERTY, LIBERTY. 



L. H. Battle, President. 



W. H. Griffin, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 43,359.86 
292.57 



Total - 



750.00 | 
2,443.39 



13,579.99 

33.50 

1,015.00 

687.99 

1,117.00 



63,279.30 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted-— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding— 
Certified checks 



Total 



5,000.00 
1,000.00 
2,518.22 



54,496.15 



264.! 



63,279.30 



BANK OF LILLINGTON, LILLINGTON. 



N. A. Smith, President. 



H. T. Spears, Cashier. 



RESOURCES. 


$ 9,285.46 
652. 02 


LIABILITIES. 


$ 6,800.00 










142.00 
















2, 826. 64 






Banking house, furniture and fixtures 










19,393.22 




115.02 
8, 194. 37 
2,127.54 

530. 00 

262.00 
2,412.00 








69.83 












Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Total 




Total 


26,405.05 


26,405.05 







452 



N. C. CORPORATION COMMISSION. 



BANK OF LITTLETON, LITTLETON. 



J. H. Harrison, President. 




H. F. BONNEY, 


Cashier. 


RESOURCES. 


$ 74,218.32 
1,178.27 


LIABILITIES. 


$ 10,000.00 
5,132.69 
3,561.88 


































396.42 










93,685.53 




300. 00 

26,853.17 

291.20 

205.00 

1,348.87 

8,273.00 












Cashier's checks outstanding- 


684. 15 




Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 
notes 




Total 


113,064.25 


113 064 25 









FARMERS AND MERCHANTS BANK, LOUISBURG. 



William Bailey, President. 



T. W. Watson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 159,287.84 



$101,091.76 
2,752.73 



7,231.48 



33,395.38 

1,262.53 

150.00 

4,201.96 

9,202.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding — . 
Certified checks 



Total 159,287.84 



$ 23,500.00 



16,332.35 



3,700.00 

16, 000. 00 

26,825.71 

72,100.27 

187.47 



642.04 



BANK OF LUMBERTON, LUMBERTON. 



A. W. McLean, President. 



C. B. Townsend, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$254, 154. 67 
3,677.58 



Total 344,805.35 



3,383.27 
510.00 



63,431.14 
2, 000. 00 
3,310.69 

14,338.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --• 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



-'$ 50,000.00 



1, 114. 99 
186.50 



272,826.90 

7,495.27 

6,091.30 

83.39 

7.00 



344,805.35 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



453 



ROBESON COUNTY LOAN AND TRUST COMPANY, LUMBERTON. 
A. W. McLean, President. C. H. Morrow, Cashier. 



•RESOURCES. 

Loans and discounts 1$ 85,679.99 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds- 

Banking house, furniture and fixtures- 357.77 

All other real estate owned ! 3,382.89 

Demand loans 

Due from banks and bankers 20,532.66 

Cash items i 67.61 

Gold coin 

Silver coin, including all minor coin 

currency 99.69 

National bank notes and other U. S, 

notes 

Total l: 



LIABILITIES. 

Capital stock $ 10,000.00 

Surplus fund 1 

Undivided profits 1 1,937.96 

Dividends unpaid j 

Notes and bills rediscounted J 

Bills payable 

Time certificates of deposit 

Deposits subject to check 98,282.65 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding ! 

Certified checks ' 



Total 110,220.61 



BANK OF MADISON. 



J. M. Galloway, President. 



J. O. Ragsdale, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 83,409.47 



1,950.00 



22,132.03 

241.20 

1,430.00 

1,628.76 

6,009.00 



Total 116,800 



LIABILITIES. 

Capital stock $ 20,000.00 

Surplus fund 

Undivided profits 2,794.20 

Dividends unpaid 

Notes and bills rediscounted 1,865.23 

Bills payable 

Time certificates of deposit 

Deposits subject to check 91,570.20 

Demand certificates of deposit 

Due to banks and bankers j 506.63 

Cashier's checks outstanding 1 64.20 

Certified checks 



Total 116,800. 



MERCHANTS AND FARMERS BANK, MARION. 



T. F. Wrenn, President. 



RESOURCES. 



E. L. Gaston, Cashier. 



Loans and discounts $101, 713. 86 

Overdrafts 1,361.62 

United States bonds 

North Carolina State bonds 1 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 1,510.00 
All other real estate owned 

Demand loans 

Due from banks and bankers 33,142.81 

Cash items 1 



Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



Total 144, 



2,000.00 
1,096.01 



4,171.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total 



$ 27,000.00 

705.43 

1,347.72 



49,938.11 
56,531.83 



9, 243. 51 
228. 70 



144,995.30 



454 



N. C. CORPORATION COMMISSION. 



BANK OF FRENCH BROAD, MARSHALL. 



J. J. Redmon, President. 



W. B. Ramsey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 133,685.69 



LIABILITIES. 



$143,859.56 Capital stock 

370.08 | Surplus fund 

1 Undivided profits 

1 Dividends unpaid 

! Notes and bills rediscounted -- 

! Bills payable 

4,876.27 Time certificates of deposit — 

-j Deposits subject to check 

Demand certificates of deposit 

25, 149. 16 Due to banks and bankers 

372.06 Cashier's checks outstanding - 

307.50 Certified checks 

Savings deposits 



1,642.06 
7,109.00 



Total 



$ 11,200.00 



3,108.60 



114,664.43 
54,110.58 



602.08 



183,685.69 



BANK OF MARSHVILLE. 



J. H. Lee, President. 



Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 55,111.49 



$ 45,480.47 
1,744.35 



1,726.72 



2, 135. 95 
105. 00 
866.00 

3,053.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 10, 000. 00 

1,000.00 

1,894.98 

135.00 



5,000.00 
21,212.71 
15,838.83 



29.97 



55,111.49 



T. O. Evans, President. 



BANK OF MAXT0N. 



M. W. Cole, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin ] 

Silver coin, including all minor coin I 

currency }■ 

National bank notes and other U. S. I 

notes J 



Total 176,728.54 



$156,316.56 
1,195.31 



4,000.00 
1,000.00 



4,972.33 



LIABILITIES. 



5,165.64 



,000.00 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check ! 109,058.07 

Demand certificates of deposit 18,402.52 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



40,000.00 



Total 



102.31 



176,728.54 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



455 



COMMERCIAL AND FARMERS BANK, MEBANE. 



J. B. Mason, President. 




S. G. Morgan, 


Cashier. 


RESOURCES. 


$ 25,951 80 


LIABILITIES. 


$ 8,000.00 












1,322.77 








All other stocks, bonds and mortgages- 










Bills payable 


3,000.00 

5,384.08 
17,953.36 




1,107.93 










Demand certificates of deposit 




8,383.97 
357.93 
125. 00 

908. 51 

2,617.00 






Cashier's checks outstanding 


3,793.93 




Silver coin, including all minor coin 


Total - - 




National bank notes and other U. S. 








Total 


39,454.14 


39,454.14 







BANK OF CASWELL. MILTON. 



R. L. Watt, President. 



E. Hines, Jr., Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 8,553.34 
1,084.71 



3,500.00 
6,585.75 



312.50 

309. 96 

1,300.00 



21,646.26 



LIABILITIES. 

Capital stock $ 5,000.00 

Surplus fund 100.00 

Undivided profits 1 406.14 

Dividends unpaid 

Notes and bills rediscounted I 854.58 

Bills payable j 

Time certificates of deposit 3,687.50 

Deposits subject to check 11,568.54 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 29.50 

Certified checks 



Total 



21,646.26 



BANK OF DAVIE, MOCKSVILLE. 



W. A. Bailey, President. 




T. J. Byerly, 


Cashier. 


RESOURCES. 


$119,237.67 
240. 95 
800.00 


LIABILITIES. 


$ 10,000.00 
7,000.00 
3,007.00 
















5,500.00 

40.00 

3,590.00 






















102,072.52 
60,000.00 






Demand certificates of deposit 




44,672.30 
2,564.60 
1,395.00 

925.00 

3, 946. 00 

182,911.52 




Cashier's checks outstanding 


832.00 




Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 
notes 




Total 


182,911.52 







456 



IT. C. CORPORATION COMMISSION. 



BANK OF UNION, MONROE. 



W. S. Blakeney, President. 



W. C. Stack, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 235,823.71 



$179,025.99 
3, 574. 47 



5,900.00 
4,663.52 



14, 105. 45 
13,806.95 



1,182.33 
13,565.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — . 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total 



25,000.00 

9,000.00 

1,274.27 

162.50 

10, 000. 00 

10, 000. 00 

85,798.61 

91,553.21 



2,332.17 

692. 95 

10.00 



235,823.71 



PEOPLES BANK, MONROE. 



O. P. Heath, President. 



Roscoe Phifer, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



currency 

National bank notes and other U. S. 



Total 349,766.41 



$272,679.72 
20, 924. 25 



6,650.00 
315. 00 



32,071.77 
4,420.00 
2,346.67 

10,359.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total 



55, 000. 00 

10,000.00 

11,035.40 

160. 00 

20,000.00 

45,000.00 

90,944.41 

113,846.31 

1,040.00 

2,597.29 

143.00 



349,766.41 



SAVINGS, LOAN AND TRUST COMPANY, MONROE. 
R. B. Redwine, President. F. H. Wolfe, Cashier. 



RESOURCES. 



Loans and discounts 
Overdrafts 



United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$105,898.35 
13, 772. 34 



1,126.63 
1,650.00 



6,334.57 

75.00 

115.00 

821.14 



Total 132, 168.03 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 

Certified checks 

Trust funds 



Total 132,168.03 



000.00 
000.00 
142.44 
156.80 



000.00 
358.39 
502.36 



28.47 
,499.21 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



457 



BANK OF MOORESVILLE. 



J. E. Sherrill, President. 



C. P. McNeely, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$124, 114. 76 
500.56 



4,827.00 



5, 500. 00 
15.448.18 
5,410.28 
2,095.00 

1,611.24 

3,405.00 



162,912.02 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 



$ 30,000.00 
"~12~ 751.44 



51,284.11 
63,422.10 



4,141.13 
613.24 



700.00 



162,912.02 



BANK OF CARTERET, MOREHEAD CITY. 



R. W. Taylor, President. 



C. V. Webb, Cashier. 



RESOURCES. 


$ 45,348.77 
1,145.00 


LIABILITIES. 

Capital stock 

Surplus fund 


$ 20 000 00 


Overdrafts 


1,098.67 
2 293 07 










All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


7,286.15 
500.00 


Time certificates of deposit 


3,500.00 
39, 934. 39 










8,588.28 


Due to banks and bankers 

Cashier's checks outstanding 






102.95 




450.00 

875.88 

2, 735. 00 

66,929.08 




Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 


Total -- - 




Total - ______ 


66 929 08 









BANK OF MORGANTON. 



J. A. Dickson, President. 




W. E. Walton, 


Cashier. 


RESOURCES. 


$ 54,796.20 


LIABILITIES. 


$ 15,200.00 












1 451 88 










All other stocks, bonds and mortgages- 












10, 500. 00 

7 485 66 




889.64 








41 991 92 












10,576.56 














600.00 
1,267.06 
8,500.00 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total 


76,629.46 


76,629.46 







458 



N. C. CORPORATION COMMISSION. 



BANK OF MORVEN. 



T. V. Hardison, President. 




M. L. Ham, 


3ashier. 


RESOURCES. 


$ 31,284.70 
1,060.79 


LIABILITIES. 

Capital stock 


$ 10,000.00 
1,400.00 
2,002.38 










_ 






















500. 00 










30,362.61 










8,643.46 








Cashier's checks outstanding 


127. 75 




545.00 

803. 79 

1,055.00 




Silver coin, including all minor coin 


Total -- - - -- 




National bank notes and other U. S. 
notes 




Total 


43,892.74 


43 892 74 









BANK OF MOUNT AIRY. 



J. H. Prather, President. 



W. J. Byerly, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 214, 973. 52 



$184,859.63 
428. 13 



6,698.47 



15,572.97 
179.44 
445.00 

2,524.88 

4,265.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



000.00 
000.00 
480.27 



496.67 
500. 00 



951.09 

411.04 

061.95 

72.50 



214, 973. 52 



SURRY COUNTY LOAN AND TRUST COMPANY, MOUNT AIRY. 

W. F. Carter, President. G. D. Fawcett, Cashier. 



RESOURCES. 


$ 37,239.53 


LIABILITIES. 


$ 22, 400. 00 












Undivided profits 


2,008.03 








All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


449. 74 






Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 


8,573.26 


Demand loans -0- 


2, 323. 43 


7,526.81 
1, 907. 17 














Silver coin, including all minor coin 


262.57 
2,140.00 


Total 




National bank notes and other U. S. 








Total 


42,415.27 


42,415.27 









CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



459 



BANK OF MOUNT GILEAD. 



J. A. McAuley, President. 




A. H. Ragan, 


Cashier. 


RESOURCES. 


$ 45,359.36 
285.50 


LIABILITIES. 

Capital stock 

Surplus fund 


$ 10,000.00 
3,000.00 






784 65 










All other stocks, bonds and mortgages- 




Notes and bills rediscounted 


1,000.00 


Banking house, furniture and fixtures - 


3,000.00 








48,910.01 












12,592.81 








Cashier's checks outstanding- 


518. 45 




872.03 

603. 41 

1,500.00 

64,213.11 




Silver coin, including- all minor coin 


Total 




National bank notes and other U. S. 




Total 


64,213.11 



MOUNT HOLLY BANK. 



H. A. Rhyne, President. 




J. A. COSTNER, 


Cashier. 


RESOURCES. 


$ 27, 183. 11 
726. 35 


LIABILITIES. 


$ 5,000.00 
1 000 00 










1,646 62 










All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


500.00 


Time certificates of deposit 

Deposits subject to check 


8,328.14 
40 252 52 










27,824.39 








Cashier's checks outstanding 


1 510 37 








Silver coin, including all minor coin 


148.80 
1,355.00 


Total 




National bank notes and other U. S. 








Total - - 


57,737.65 


57,737.65 







BANK OF MOUNT OLIVE. 



W. E. Borden, President. 




M. T. Breazeale, 


Cashier. 


RESOURCES. 


$113, 735. 90 
200.00 


LIABILITIES. 


$ 25,000.00 
1, 500. 00 
1 756 75 


















All other stocks, bonds and mortgages - 
















5, 000. 00 










47,881.62 

50,760.45 

116 00 






Demand certificates of deposit 




3,308.48 




Cashier's checks outstanding 


729.88 






Silver coin, including all minor coin 


1,370.32 

4, 530. 00 

128, 144- 70 


Accrued interest due depositors 

Total 


400. 00 


National bank notes and other U. S. 








Total - 











460 



N. C. CORPORATION COMMISSION. 



PEOPLES BANK, MURFREESBORO. 



D. C. Barnes, President. 



P. E. Jenkins, Cashier. 



RESOURCES. 


$ 70,250.63 
97.93 


LIABILITIES. 


$ 10,000.00 
3,000.00 




































2,502.92 










77,363.79 










16, 125. 27 

480. 95 

1,620.00 

282.29 

1,952.00 








Cashier's checks outstanding 


263 67 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total 


93,311.99 


93,311.99 







BANK OF MURPHY. 



John H. Carter, President. 



L. E. Bayless, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 87,944.33 
21.93 



3,000.00 
~3~853. 12 



16,492.17 
1,088.29 



1,254.12 
6,140.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 20,000.00 
3,500.00 
1,747.04 



61,557.93 

28,280.90 

3, 000. 00 

1,708.09 



PEOPLES BANK, MURPHY. 



A. B. Dickey, President. 



J. R. McLelland, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 50,416.27 



1, 100. 51 



15, 789. 13 

2,041.90 

175. 00 

514.20 

2,775.00 



Total 75,812.01 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 16,000.00 



31,811.89 
24,333.25 



3,657.33 



75,812.01 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



401 



BANK OF NASHVILLE. 



S. F. Austin, President. 



W. G. Dozier, Cashier. 



RESOURCES. 


$ 63,304.94 
3,810.36 


LIABILITIES. 

Capital stock 

Surplus fund 


$ 5,000.00 
5,000.00 
1,486.21 


Overdrafts 








All other stocks, bonds and mortgages- 




Notes and bills rediscounted 

Bills payable 


13, 480. 00 






1,837.50 


3,600.00 
45,452.11 














1,048.83 

1,569.79 

331.00 

370.81 

4,876.00 




1, 976. 18 
1,040.67 




Cashier's checks outstanding 








114 06 




Total 




National bank notes and other U. S. 








Total ' 


77,149.23 


77,149.23 







CITIZENS BANK, NEW BERN. 



T. A. Green, President. 



T. A. Uzzell, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$252,981.00 
6,045.79 



1,500.00 

1,250.00 

33.75 

10,000.00 



78,257.38 
3,202.28 
3,240.00 

2,785.65 

9,000.00 



Total 368,295.85 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Accrued interest due depositors - 



Total 



$ 50,000.00 
10,000.00 
21,373.84 



210,313.39 
65, 042. 64 
5,469.56 
5,272.23 



824. 19 



368,295.85 



THE MUTUAL AID BANKING COMPANY, NEW BERN. 
C. C. Roach, President. J. H. Fisher, Cashier. 



RESOURCES. 


$ 7,905.94 
172.54 


LIABILITIES. 


$ 1,202.64 
106. 73 
189. 42 
21.60 








Undivided profits 

Dividends unpaid 
















999. 87 
4' 381 00 


Banking house, furniture and fixtures 


1,064.93 
675. 66 








5,484.80 




Demand certificates of deposit 




1,440.14 










Gold coin- _________________ 


52.00 
301. 85 
773.00 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total - 


12, 386. 06 


12,386.06 







Corp. 2—31 



462 



N. C. CORPORATION COMMISSION". 



NEW BERN BANKING AND TRUST COMPANY, NEW BERN. 
J. B. Blades, President. G. B. Pendleton, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Accrued interest receivable 



$188, 



Total 225,349.23 



453. 34 
51.75 



500.00 



10.50 
436.00 



1,875.00 

21,829.88 

708. 98 

22.50 

1,370.78 

8, 
1, 



.00 
, 694. 50 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Savings deposits 

Accrued interest due depositors- 



Total 



$ 67,540.00 
""164776 



3,525.00 
92,657.61 



3,433.93 
3.00 



57,409.93 
615.00 



225,349.23 



BANK OF NORTH WILKESBORO. 



J. E. Finley, President. 



R. W. Gwyn, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 250,078.19 



$183,065.62 
143.22 



3,000.00 
4,750.00 



42,049.55 
4,044.40 
4,810.00 

3,099.40 

5,116.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable j 

Time certificates of deposit 1 12 

Deposits subject to check j 164 

Demand certificates of deposit 

Due to banks and bankers 21 

Cashier's checks outstanding 1 

Certified checks 

I 



000.00 
000.00 
511.65 



10,312.28 



751.87 
749.69 



942.51 
810.19 



Total 250,078.19 



CITIZENS LOAN AND TRUST COMPANY, NORTH WILKESBORO. 

G. W. Gwyn, President. H. W Horton, Cashier. 



RESOURCES. 



Loans and discount 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 34,007.07 



Total . 



14,500.00 

4,781.07 



, 777. 99 

405.15 

15.00 

29.87 

135.00 



5,651.15 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 25,000.00 
1,000.00 
74.37 



2,800.00 

1,500.00 

5,837.00 

21,989.78 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



463 



DEPOSIT AND SAVINGS BANK, NORTH WILKESBORO. 

W. F. Trogdon, President. H. O. Absher, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



19,037.56 
2,248.30 



Total - 



6,361.19 
7,511.43 
6,521.36 
8,156.29 
1,013.58 
1,262.50 

1,493.08 

2, 700. 00 

36, 305. 79 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 20,000.00 
161.28 



3,957.77 
61,800.76 



10.23 
375.75 



86,305.79 



BANK OF NORWOOD. 



T. A. Hathcock, Jr., President. 



L. W. Hart, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 32,763.28 



$ 20,827.66 
226. 83 



2, 969. 59 



6,506.55 

60.00 

625. 65 

1,547.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 12,500.00 
500. 00 
655.39 



1,000.00 



17, 599. 94 
507. 95 



32,763.1 



BANK OF OLD FORT. 



L. P. Crawford, President. 



J. S. Bradley, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 30, 559. 10 

587.73 



671.44 



4,529.01 



168.00 
3,270.00 



708. 90 



Total '■ 40,494.18 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 8,000.00 

320. 00 

1,298.54 



10, 208. 50 
20,289.74 



377.40 



40,494.18 



464 



m C. CORPORATION COMMISSION. 



BANK OF ORIENTAL. 



G. H. Roberts, President. 



J. W. Miller, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 8,522.19 



11,792.74 



200. 94 

1,164.00 

21,679.87 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 11,200.00 



182. 



10,297.79 



21,679.87 



BANK OF GRANVILLE, OXFORD. 



E. T. White, President. 



H. G. Cooper, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Total 



$211,871.35 
2,792.87 



3,021.91 
1,835.30 



18,982.31 
13,437.01 
4,885.00 

1,033.74 

11,822.00 



269,681.49 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 60,000.00 

6,000.00 

16,450.94 



183,350.28 



3, 523. 42 
356. 85 



269,681.49 



OXFORD SAVINGS BANK AND TRUST COMPANY. 



H. G. Cooper, President. 



W. T. Yancey, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 176,359.97 



$147,101.27 



380.62 

28,878.08" 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



$ 16,300.00 



4,566.36 



155,493.61 



Total 



176,359.97 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



465 



PILOT BANK AND TRUST COMPANY, PILOT MOUNTAIN. 

W. A. Blair, President. W. J. Swanson, Cashier. 



RESOURCES. 


$ 33,421.41 


LIABILITIES. 

Capital stock 

Surplus fund 


$ 25,700.00 

1,000.00 

8 89 












Dividends unpaid 

Notes and bills rediscounted 

Bills payable 




All other stocks, bonds and mortgages - 




1 189 90 




7,000.00 
2,070.18 
18 358 14 


Banking house, furniture and fixtures- 


7,200.00 

6,983.77 

850.00 

3, 926. 63 

268. 37 

237.50 

182.67 

2,480.00 


Deposits subject to check 














Cashier's checks outstanding 


223 24 






Silver coin, including all minor coin 


Total - - 




National bank notes and other U. S. 
notes 




Total 


55,550.35 


55,550.35 







PINETOPS BANKING COMPANY. 



H. C. Bridgers, President. 



L. F. Hales, Cashier. 



RESOURCES. 

Loans and discounts % 37,183.27 

Overdrafts 1 1, 054. 37 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 5,090 

All other real estate owned 

Demand loans 

Due from banks and bankers 1 30, 907. 69 

Cash items 6.00 

Gold coin 265.00 

Silver coin, including all minor coin 

currency 1,049.78 

National bank notes and other U. S, 

notes I 3,644.00 

Total 79,200.97 




LIABILITIES. 

Capital stock $ 15, 000. 00 

Surplus fund 1,000.00 

Undivided profits 1, 295. 63 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 16,664.89 

Deposits subject to check 45, 045. 96 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 194.49 

Certified checks 



Total 



79,200.97 



BANK OF PITTSBORO. 



W. L. London, President. 




M. T. Williams, Cashier. 


RESOURCES. 


$ 62,578.62 
1,156.50 


LIABILITIES. 


$ 10,000.00 
2, 500. 00 
1,405.25 
































Banking house, furniture and fixtures- 


1,550.00 


Time certificates of deposit 


33,918.50 
42,497.50 










17, 751. 59 

1,117.95 

770.00 

568.97 

5,261.00 

90,754.63 






Cash items 


Cashier's checks outstanding 


85.08 


Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Accrued interest due depositors 

Total 


348.30 


Total 


90,754.63 



466 



N. C. CORPORATION COMMISSION. 



BANK OF PLYMOUTH. 



W. T. Old, President. 



Clarence Latham. Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and Other U. S. 

notes 



Total - 



$ 58,310.69 
339. 61 



3, 000. 00 

2,000.00 

157.50 

3,600.00 



6,409.62 
873.01 
258.00 

798.95 

2,500.00 



78,247.38 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$ 12,500.00 
3,000.00 
4,042.22 



5,000.00 
53,705^16 



78,247.38 



BANK OF RAEFORD. 



John Blue, President. 




J. W. Moore, 


Cashier. 


RESOURCES. 


$ 72,141.45 
341.88 


LIABILITIES. 


$ 12,000.00 

4,000.00 

566 05 
















112 00 


All other stocks, bonds and mortgages- 










Bills payable 




Banking house, furniture and fixtures - 


3,300.00 






81,712.85 










19,472.08 








Cashier's checks outstanding 


176 83 




275.00 

2,125.32 

912.00 

98,567.73 




Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total 


98, 567. 73 



CAROLINA TRUST COMPANY, RALEIGH. 



A. J. Ruffin, President. 



H. F. Smith, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



89, 010. 75 
3,034.28 



1,050.00 

28,675.00 

256.21 

53,761.96 



17,355.20 

39,788.35 

4,630.59 

195.00 

2,733.32 

16,536.00 

257,026.66 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 100,000.00 



5,598.85 
1,382.00 



148,635.74 



1,407.97 
2.10 



257,026.66 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



467 



COMMERCIAL AND FARMERS BANK, RALEIGH. 



J. J. Thomas, President. 



B. S. Jerman, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Total 



$479,241.20 
3,618.32 



25,000.00 
3,189.09 



18,702.48 



105,911.83 

190,388.46 

22,203.09 

6,557.50 

4,866.00 

33,419.00 



, 096. 97 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 100,000.00 
50,000.00 
45,583.46 



652,590.57 



41,540.65 
3,382.29 



, 096. 97 



MECHANICS DIME SAVINGS BANK. RALEIGH. 



C. E. Johnson, President. 



Walters Durham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Auxiliary banks 



$222,440.75 



Total 294,013.16 



17, 993. 67 
12,654.33 



34,372.21 

1,704.50 

2,681.70 

1,916.00 
250.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 15,000.00 



15,267. 



263,745.36 



294,013.16 



RALEIGH BANKING AND TRUST COMPANY. 



Charles H. Belvin, President. 



F. H. BRIGGS, Cashier. 



RESOURCES. 


$262,027.37 
117,068.44 


LIABILITIES. 


$ 100,000.00 








Undivided profits 


6,571.53 
























25, 000. 00 










505,199.31 










150, 875. 18 

5,539.29 

15,450.00 

12,790.18 

49,486.00 




20, 056. 49 
6, 409. 13 




Cashier's checks outstanding 




Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 










Total - -- 


638,236.46 


638,236.46 







408 



N. C. CORPORATION COMMISSION. 



RALEIGH SAVINGS BANK. 



John T. Pullen, President. 



Charles Root, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds _— 

North Carolina State bonds -— 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 814,651.89 



$561,738.45 
43.90 



37,000.00 
90, 985. 00 



121,926.82 

697.49 

15.00 

194.23 

1,551.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit — 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Cash over 

Accrued interest due depositors - 



Total 



$ 15, 000. 00 

40, 000. 00 

8,532.58 



741,119.31 



10,000.00 



814,651.89 



WAKE COUNTY SAVINGS BANK, RALEIGH. 
T. B. Crowder, President. 



W. W. VASS, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total- 



,221.67 
3.12 



2,000.00 
4,950.00 



1,000.00 



14,475.00 
5, 655. 93 



30.00 

101.01 

1,037.00 

124,473.73 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 124,473.73 



$ 15,000.00 



3,434.91 



106,013.82 
25.00 



S. Bryant, President. 



BANK OF RANDLEMAN. 



J. H. Cole, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



currency 

National bank notes and other U. S. 



Total 67,716.84 



41,043.01 
1,952.01 



7,500.00 
1, "693.21 



8,148.09 

4, 524. 69 

11.74 

182.50 

1,077.59 

1,584.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 



$ 12,000.00 

4, 000. 00 

693. 98 



5,500.00 



44,535.26 



1.00 
986.60 



67,716.84 



CONDITION" OF STATE, PRIVATE AND SAVINGS BANKS. 



469 



BANK OF RED SPRINGS. 



A. B. Pearsall, President. 



J. S. Jones, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 

Miscellaneous 



Total 115,187.47 



$ 93,215.95 
2,427.48 



2, 130. 00 



14,124.30 

.75 

470.00 

693.60 

1,971.00 

154.39 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



15,000.00 
4, 200. 00 
3,098.06 



3,454.00 



,149.36 
286. 05 



115,187.47 



BANK OF REIDSVILLE. 



P. B. Johnston, President. 



J. F. Watlington, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$206,157.65 
8,765.36 



Total- 



9,650.26 
5,463.98 



33, 644. 15 

725.83 

8, 362. 50 

3,348.16 

17,113.00 



293,230.89 



LIABILITIES. 

Capital stock !$ 50,000.00 

Surplus fund j 

Undivided profits 14,999.04 

Dividends unpaid 18.00 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 97, 340. 98 

Deposits subject to check 128, 814. 17 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 58. 70 

Certified checks 

Interest reserved 2,000.00 



Total 293,230.89 



CITIZENS BANK, REIDSVILLE. 



H. R. Scott, President. 



R. L. Watt, Cashier. 



RESOURCES. 

Loans and discounts $218, 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



. 85 



2,645.71 



9, 650. 00 

50, 397. 73 

402. 87 

4,220.00 

3,274.14 

6,367.00 



Total j 275, 778. 41 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid-— 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors- 



$ 75,000.00 
9,000.00 
7,507.19 



102.131.28 
78,573.61 



61.28 

5.05 

3,500.00 



Total 275,778.41 



470 



N. C. CORPORATION COMMISSION. 



BANK OF RICHLANDS. 



J. S. Carr, President. 



G. B. Whitted, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 51,034 



$ 33,373.29 
134. 04 



1, 706. 17 



5, 589. 51 

3,559.48 

378. 57 

175.00 



5,843.00 



LIABILITIES. 

Capital stock $ 7,850.00 

Surplus fund 500.00 

Undivided profits 968.33 

Dividends unpaid 25.00 

Notes and bills rediscounted 1 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



24, 608. 28 
10, 743. 34 



5,339.94 



51,034. 



BANK OF RICH SQUARE. 



W. H. S. Burgwyn, President. 



E. Baugham, Cashier. 



RESOURCES. 



Loans and discounts $ 30,301.25 

Overdrafts 1 

United States bonds 1 

North Carolina State bonds 1 

All other stocks, bonds and mortgages- 1, 000. 00 
Premium on bonds - 



Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 1 

Silver coin, including all minor coin | 

currency }- 

National bank notes and other U. S. I 

notes I 



1,785.26 



5.03 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 5,000.00 

627.33 

1,020.52 



16,896.76 
18,581.95 



Total 42,290.35 



Total 



56.71 
107.08 



42,290.35 



BANK OF ROANOKE RAPIDS. 



W. H. S. Burgwyn, President. 



S. B. Pierce, Cashier. 



RESOURCES. 

Loans and discounts $ 16,734.50 

Overdrafts 4.17 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 1 

Banking house, furniture and fixtures-! 572.60 

All other real estate owned 



Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 38,018.98 



200. 00 

17,909.42 

33.67 

200.00 

405. 62 

1,959.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

'• Notes and bills rediscounted — 
! Bills payable 

| Time certificates of deposit 

Deposits subject to check 

I Demand certificates of deposit 

| Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 5,000.00 
215.54 



:J2, 



.44 



,018.98. 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



471 



BANK OF ROBERSONVILLE. 



W. L. Sherrod, President. 




J. C. Robertson, 


Cashier. 


RESOURCES. 


$ 40,966.05 
905.92 


LIABILITIES. 


$ 15,000.00 

3,750.00 

800 16 
































4,000.00 
7 100 00 


Banking- house, furniture and fixtures- 


3, 753. 75 






37 508 51 












16,191.89 
6,598.79 






Cash items 1 


Cashier's checks outstanding 


257. 73 


Silver coin, including all minor coin ! 

currency I 

National bank notes and other U. S. 

notes J 


Total - - 




Total 


68,416.40 


68,416.40 







BANK OF PEE DEE, ROCKINGHAM. 



T. C. Leak, President. 



W. L. Parsons, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 355,573.25 



$160,169.30 
19,076.61 



25,500.00 



13,000.00 

2, 165. 00 

17, 000. 00 

104,101.07 



2,700.00 
5,061.27 
6,800.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Accrued interest due depositors- 



25,000.00 

25,000.00 

17,563.15 

20.00 



53,307.93 
231,929.52 



1,127.65 



125. 00 



Total 355,573.25 



FARMERS BANK, ROCKINGHAM. 



R. L. Steele, President. 




L. S. Covington, 


Cashier. 


resources. 


$106,229.40 
4,511.53 


liabilities. 
Capital stock 


$ 15,000.00 








18,455.61 








All other stocks, bonds and mortgages- 




Notes and bills rediscounted <- 










5,500.00 










172,263.65 




10,000 00 






71,812.34 








Cashier's checks outstanding 


183. 00 




750.00 

828.99 

6,270.00 


Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total - -- - 


205, 902. 26 


205,902.26 







472 



N. C. CORPORATION COMMISSION. 



RICHMOND COUNTY SAVINGS BANK, ROCKINGHAM. 



W. L. Parsons, President. 



W. L. Scales, Cashier. 



RESOURCES. 

Loans and discounts $181,387.98 

Overdrafts 79.01 

United States bonds -'. 

North Carolina State bonds 

All other stocks, bonds and mortgages- 13,000.00 | 
Premium on bonds 

Banking house, furniture and fixtures- 447. 60 

All other real estate owned 

Demand loans 

Due from banks and bankers 35, 305. 01 



LIABILITIES. 



Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. I 
notes J 



1,1 



. 34 



268.40 



Total 1 232,091.34 



Capital stock $ 15,000.00 

Surplus fund 2,000.00 

Undivided profits j 2,018.01 

Dividends unpaid j 33.50 

Notes and bills rediscounted 1 

Bills payable 1 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Savings deposits 



Total 232,091.34 



213,039.83 



BANK OF ROCKY MOUNT. 



T. H. Battle, President. 



L. F. Tillery, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$230, 
5, 



915.73 
947.61 



,000.00 



100.00 
000. 00 
500.00 
069.52 
555.89 
235.00 



1,896.21 
15,557.00 



335,776.96 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 

Certified checks 

Accrued interest 



Total 



$ 100,000.00 
30,574.09 



203,1 



500. 00 

38.53 

711.88 

150.00 



335,776.96 



PLANTERS BANK, ROCKY MOUNT. 



J. C. Braswell, President. 



L. L. Hardin, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



currency 

National bank notes and other U. S. 



notes 

Building account 



Total 295, 117. 16 



$220,335.95 
1,004.42 



4,000.00 



1,857.55 
5,891.00 
1,325.00 
33, 057. 58 
2,844.45 
2,830.00 

2,785.21 

11,936.00 
7,250.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 50,000.00 

30,000.00 

12,173.21 

30.00 



10,000.00 
"l91,~10L08 



1,812.87 



295, 117. 16 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



473 



ROCKY MOUNT SAVINGS AND TRUST COMPANY. 
T. H. Battle, President. F. P. Spruill, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$166,372.00 



2,898.00 



7,021.31 

440.00 

40.00 

281.68 

618.00 



177,670.99 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 10,000.00 



, 359. 57 



161,311.42 



Total 



177,670.99 



T. W. Blount, President. 



BANK OF ROPER. 



W. L. Davenport, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



25,005.20 
209.62 



3,181.63 
5, 680. 98 



146.42 
1,482.00 



Total : 35,705.85 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 20,000.00 



J. 77 



4,587.00 
10,511.08 



45.00 



35,705. 



BANK OF ROSE HILL. 



M. J. Heyer, President. 



W. B. Southerland, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 29, 950. 62 



1,238.87 



2,465.52 
12.67 
80.00 



UX) 



37,174.36 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 10,000.00 



Total 



836.92 



14,345.69 
11,448.50 



37,174.36 



474 



N. C. CORPORATION COMMISSION". 



BANK OF ROWLAND. 



Allen Edens, President. 



W. F. Bristow, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



570. 56 



.22 



19,416.82 

1,516.44 

700.00 



2,210.00 



117,362.49 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 



$ 25,000.00 
2,900.00 
3,876.22 



85,370.69 
215.58 



117,362.49 



BANK OF R0XB0R0. 



E. B. Reade, President. 




W. F. Long, 


Cashier. 


RESOURCES. 


$ 73,681.14 
2, 663. 56 


LIABILITIES. 

Capital stock 


$ 10,000.00 








3,763.70 








All other stocks, bonds and mortgages- 












16 500 00 




3,032.74 




17 362 45 






54 367 53 












15,750.18 

415.92 

1,060.00 

700.92 

5,944.00 




1,031.96 
222 82 




Cashier's checks outstanding 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total _____ 


103,248.46 


103,248.46 





PEOPLES BANK, R0XB0R0. 



J. A. Long, President. 




J. S. Bradsher, 


Cashier. 


RESOURCES. 


$142,803.69 

4,751.96 


LIABILITIES. 


$ 40,000.00 

25,000.00 

6 768.02 


















All other stocks, bonds and mortgages 


17,337.50 

925.00 

7, 800. 00 










Banking house, furniture and fixtures- 




39, 380. 43 




94, 463. 42 












25, 340. 46 

205. 83 

2,315.00 

797.61 

9,814.00 




6 318 59 




Cashier's checks outstanding 


160 59 






Silver coin, including all minor coin 


Total — _ — 




National bank notes and other U. S. 








Total 


212,091.05 


212,091.05 









CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



475 



CITIZENS BANK, RUTHERFO RDTON. 

H. L. Carpenter, President. 



A. L. Grayson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U..S. 

notes 



Total 29, 



$ 16,812.97 
325.72 



944.73 



8,027.23 

77.60 

635.00 

361. 67 

2,701.00 



LIABILITIES. 

Capital stock $ 12,780.00 

Surplus fund j 

Undivided profits ' 

Dividends unpaid 1 

Notes and bills rediscounted 1 

Bills payable 

Time certificates of deposit 1 

Deposits subject to check j 16, 990. 71 

Demand certificates of deposit '. 

Due to banks and bankers j 

Cashier's checks outstanding j 115.21 

Certified checks 1 



Total 



21), 



COMMERCIAL BANK, RUTHERFORDTON. 



T. B. Twitty, President. 




J. F. Flack, 


Cashier. 


RESOURCES. 


$ 69,845.49 
3,181.61 


LIABILITIES. 


$ 10, 000. 00 
6,000.00 
2,364.69 


































1,204.00 










96,257.15 










29,014.14 
4,320.05 
3,895.00 

107.78 

3, 562. 00 

115,130.07 








Cashier's checks outstanding 


508.23 




Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total - — - 


115,130.07 







DAVIS & WILEY BANK, SALISBURY. 



T. F. Kluttz, President. 




O. D. Davis, 


Cashier. 


RESOURCES. 


$180,506.00 
11,981.95 


LIABILITIES. 


$ 60,000.00 
36 000 00 










4,548.64 
1,720.00 










33,000.00 










Banking house, furniture and fixtures 


13,000.00 
5,000.00 










181,351.15 








60,164.03 
4,842.00 
4,520.00 

2,451.51 

14,801.00 

330,266.49 




29,535.41 
17,111.29 


Cash items -, 


Cashier's checks outstanding 


Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Total - - - 




Total - - 


330,266.49 







476 



N. C. CORPORATION COMMISSION. 



PEOPLES BANK AND TRUST COMPANY, SALISBURY. 
D. R. Julian, President. J. D. Norwood, Cashier. 



RESOURCES. 


$189,000.32 
735.75 


LIABILITIES. 

Capital stock 


$ 75,000.00 

1,500.00 

3,456.20 

36.00 














All other stocks, bonds and mortgages- 














Banking- house, furniture and fixtures - 


3,000.00 


Time certificates of deposit 


11,689.00 
162,013.96 










45,829.01 
1,646.58 
1,620.00 

2,482.59 

12,260.00 




2,271.37 
607.72 


Cash items 


Cashier's checks outstanding .- 


Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 










256,574.25 


256,574.25 







CAROLINA STATE BANK, SALUDA. 



D. C. Barrow, President. 



H. B. Lane, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense 



$ 2,848.55 



Total 



1,000.00 
1,374.01 



5, 339. 66 
13.65 



618.00 
557.31 



12,192.69 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit — - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 



$ 5,000.00 
74.78 



320.00 
,526.66 



75.00 
196.25 



12,192.69 



BANK OF SANFORD. 



T. L. Chisholm, President. 



S. P. Hatch, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 155,576.16 



$109,022.11 
3,331.29 



1,000.00 



3,020.24 

300. 00 

10,000.00 

23,331.97 



960.00 

610.55 

1,000.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 15,000.00 



2,107.65 



130, 912. 50 
4,790.00 



2, 766. 01 



155, 576. 16 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



477 



BANKING, LOAN AND TRUST COMPANY, SANFORD. 

A. W. Huntley, President. J. W. Cunningham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 177,397.15 



$105, 



459.49 
451.03 



, 100. 00 
42.50 
190.00 



,100.00 

, 788. 92 
708. 60 
, 835. 00 

874.61 



2,847.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit ■ 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 25,000.00 
"~2~674~97 



32,544.77 
105,835.47 



11,337.15 
4.79 



177,397.15 



SCOTLAND NECK BANK. 



A. M. Dowell, President. 



F. P. Shields, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 

Investment account 



Total 



$128,291.42 
2,834.16 



8,500.00 
1,025.00 



8,416.52 

247. 96 

1,000.00 

1,650.49 

3,800.00 
1,000.00 



156,765.55 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 

Certified checks 

Bond tax 



Total 156,765.55 



24,700.00 



4,596.42 
240.00 



25,000.00 
24,841.38 
73, 843. 15 



2,768.24 
663.86 



112.50 



FARMERS BANK, SEABOARD. 



J. G. L. Crocker, President. 



H. R. Harris, Cashier. 



$ 11,561.18 
258.60 



3,025.99 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers ! 13,947.53 

Cash items [ 14.52 

Gold coin 1 264.50 

Silver coin, including all minor coin j 

currency \ 710.03 

National bank notes and other U. S. 

notes : ! 1,854.00 



Total 31,636.35 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total 



$ 5,950.00 
" 363~13 



6,300.23 
18,955.89 



42.10 
25.00 



31,636.35 



Corp. 2 — 32 



478 



1ST. C. CORPORATION COMMISSION. 



BANK OF SELMA. 



M. C. Winston, President. 



L. D. Debnam, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including' all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total. 



$ 70,171.37 
5, 950. 54 



2,630.55 



1,500.00 

7,157.25 

199. 63 

15.00 

325.67 

6,089.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 10,000.00 



Total 



7,997.07 



75,303.65 
738.29 



94,039.01 



CHATHAM BANK, SILER CITY. 



F. M. Hadley, President. 



J. J. Jenkins, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 51,611.53 



$ 44, 533. 44 
417.09 



749.07 



2,605.01 
789. 51 
435. 00 



1,1 



383.41 
.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _ 
Certified checks 



Total 



5,000.00 

2,000.00 

1,431.37 

6.00 



11,425.43 
31,724.40 



24.33 



51,611.53 



BANK OF SMITHFIELD. 



W. L. Woodall, President. 



C. V. Johnson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds «- 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



94,737.73 
10,628.39 



12,800.00 
10, 749. 94 



22,546.76 

343. 73 

2,775.00 

3,640.00 

14,211.00 



172,432.55 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 30,000.00 



832. 59 
6.00 



10,000.00 

10,667.74 

120,281.04 



180. 93 
464.25 



172,432.55 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



479 



SNOW HILL BANKING AND TRUST COMPANY, SNOW HILL. 

G. A. Norwood, Jr., President. James T. Sugg, Cashier. 



RESOURCES. 

Loans and discounts $ 29,825.03 

Overdrafts 1 442.95 

United States bonds 1 

North Carolina State bonds 1 

All other stocks, bonds and mortgages-i 

Premium on bonds . 

Banking house, furniture and fixtures- 505.00 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 



1,041.77 
4, 644. 96 



Gold coin 

Silver coin, including- all minor coin 
currency 

National bank notes and other U. S. 
notes 



350.00 
1,504.41 



9,550.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding -. 
Certified checks 



Total 47,864.12 



Total 



$ 10,000.00 



2,034.31 



9,447.00 
26,044.26 



338. 55 



47,864.12 



CITIZENS BANK AND TRUST COMPANY OF SOUTHERN PINES. 

Charles B. Grout, President. G. A. Kimball, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 


$ 30,045.03 
54.63 


LIABILITIES. 

Capital stock 

Surplus fund 


$ 10,000.00 

500.00 

1,031.94 










All other stocks, bonds and mortgages - 


2,500.00 
125.00 
910.82 










Banking house, furniture and fixtures- 








34,011.70 












7,932.57 

11.58 

185.00 

2,858.01 

1,141.00 








Cashier's checks outstanding 


. 220.00 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 








Total — 


45,763.64 


45, 763. 64 









D. I. Watson, President. 



BANK OF SOUTHPORT. 



J. J. Laughlin, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 



24,639.52 
991.35 



950.00 



900. 77 

184.00 

40.00 

321.94 

, 848. 00 



29,875.58 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 5,000.00 



255. 



23,719.93 



29,875.58 



480 



N. C. CORPORATION COMMISSION. 



BANK OF SPARTA. 



W. C. Fields, President. 



T. J. Carson, Jr., Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 60,283.16 



$ 33,500.53 
719.02 



2, 179. 32 



15,046.71 

6, 136. 83 

322. 50 


193.25 


2, 185. 00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 15.000.00 
1,000.00 
1,549.00 



6, 970. 52 
35, 750. 16 



60,283.16 



B. F. Lively, President. 



BANK OF SPENCER. 



J. K. Dorsett, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 42 



$ 26,472.49 
792. 66 



705.00 



2, 387. 53 

"sooToo 

200.35 
11,030.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 5,000.00 



1,712.78 



33, 132. 16 



1,493.09 
750. 00 



42,088.03 



FARMERS AND MERCHANTS BANK, SPRING HOPE. 

W. H. Griffin, President. G. F. Crocker, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total . 



$ 37,821.06 
714.29 



854.22 



15,195.78 

396. 12 

50.00 

515.43 

4,189.00 



59,735. 



LIABILITIES. 



Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



Capital stock--. — $ 10,000.00 

Surplus fund 



955. 29 



48, 707. 39 



73.22 



59,735.90 



CONDITION" OF STATE, PRIVATE AND SAVINGS BANKS. 



481 



SPRING HOPE BANKING COMPANY. 

W. W. Richardson, President. 



W. H. Taylor, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 51,476.95 
4,892.97 



857. 18 
1,805.58 



23,733.51 
1420.00 
1,384.57 
1,813.00 



17,083.76 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



'$ 10,000.00 



1,403.38 



Total 



26, 743. 61 
47,795.80 



296.97 



844.00 



87,643.79 



STATESVILLE LOAN AND TRUST COMPANY. 



M. K. Steele, President. 



D. M. Ausley, Secretary and Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$271,113.41 
3,231.62 



12,646.25 
4,500.00 
8,560.00 

30,402.84 
5, 809. 72 

20,435.00 

2,968.52 
22,640.00 



382,307.36 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors- 



Total 



$ 40,000.00 

24,000.00 

3,225.09 



281,953.92 

28,071.05 

2, 738. 42 

1,518.88 



800. 00 



382,307.36 



BANK OF STONEVILLE. 



R. T. Stone, President. 



C. K. Nolen, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Total 



,277.21 



1,775.89 



23,263.85 

32.16 

355.00 

511.35 

3,991.00 



, 206. < 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit — 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors- 



Total 



$ 5,800.00 

2,000.00 

602.77 



.82 



22,017.00 
30,537.93 



58.94 
~700.~00 



66,206.46 



482 



N. C. CORPORATION" COMMISSION. 



BANK OF STOVALL. 



W. H. Hunt, President. 



C. L. Lewis, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense 



Total - 



12,201.24 
17.17 



408. 25 



2,572.18 

1,612.00 

280.00 

148.33 



48.89 



17,: 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit ■ 

Due to banks and bankers 

Cashier's checks outstanding -. 
Certified checks 



Total 



5,316.62 
6,971.44 



17,288.06 



JACKSON COUNTY BANK, SYLVA. 



C. J. Harris, President. 



M. Buchanan, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 41,227.86 
1,104.54 



Total- 



31,575.15 
201.35 
710.00 

463.82 



78,837.72 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit -- 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



Total 



$ 12,000.00 
1~349~15 



42, 752. 80 
20,247.66 



2,095.00 
~ 293 JL1 



78,837.72 



J. F. Shackelford, President. 



BANK OF TARBORO. 



L. V. Hart, Cashier. 



RESOURCES. 



discounts $ 96, 920. 83 



Loans 
Overdrafts — 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand. loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National* bank notes and other U. S. 

notes 



Total 174,956.75 



3,500.00 



10,287.50 
1,500.00 



43,302.21 

4, 593. 97 

220.00 

4,632.24 

10, 000. 00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding -. 
Certified checks 



Total 174,956.75 



$ 25,000.00 

9, 500. 00 

912.31 



10, 000. 00 
15, 133. 44 
114,225.00 



186.00 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



483 



PAMLICO INSURANCE AND BANKING COMPANY, TARBORO. 



H. L. Staton, President. 



Job Cobb, Cashier. 



RESOURCES. 



Loans and discounts $177 

Overdrafts 17, 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 1 

Due from banks and bankers 25, 516. 05 



17,500.00 



5,816.03 



Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



Total 261,327.34 



6,771.35 
1,200.00 



00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding _ 
Certified checks 



Total 



$ 33,960.00 
"" 46,772.04 



40,000.00 
48,997.69 
90, 754. 70 



842.91 



261,327.34 



BANK OF ALEXANDER, TAYLORSVILLE. 



W. B. Matheson, President. 



J. T. Williamson, Jr., Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 64,153.72 



$ 37,571.33 
602.37 



18,327.71 
560.15 
897. 50 

1,375.73 

3,835.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted - 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificaes of deposit 

Due to banks and bankers 

Cashier's checks outstanding 
Certified checks 



Total 



$ 6,000.00 
1,000.00 
1,770.82 



14,145.01 
40,120.39 



1,117.50 



64,153.72 



BANK OF THOMASVILLE. 



E. M. Armfield, President. 




J. L. Armfield, 


Cashier. 


RESOURCES. 


$133, 959. 53 
3, 000. 00 


liabilities. 


$ 12, 500. 00 

10, 000. 00 

1,102.49 
















All other stocks, bonds and mortgages- 




Notes and bills rediscounted 


3,500.00 
9,000.00 




Banking house, furniture and fixtures - 


4, 419. 00 








96,354.82 

20,000.00 

1, 720. 16 






Demand certificates of deposit 




7,679.32 






Gold coin _____ ) 


5,119.62 






Silver coin, including all minor coin 1 
currency r* 

National bank notes and other U. S. 1 
notes J 


Total 




Total- - - - - - 


154,177.47 


154,177.47 







484 



N. C. CORPORATION COMMISSION. 



THOMASVILLE LOAN AND TRUST COMPANY. 



T. J. Finch, President. 



C. E. Godwin, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 36,016.61 
5,199.54 



Total 51,509.28 



4,850.75 



3,466,69 
578.01 
435.00 

404.68 

558.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



9,450.00 
300.00 
961.09 



22,206.42 

12,202.60 

1,675.36 

313.81 



51,509.28 



BANK OF JONES, TRENTON. 



T. D. Warren, President. 



S. H. Haywood, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 28,392.34 



$ 18,840.60 
242.53 



526.33 



4,789.99 
145.00 
926.89 

2,921.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



5,000.00 



474.62 



4,955.00 
17,962.72 



Total 



28,392.34 



BANK OF MONTGOMERY, TROY. 

W. J. Armfield, Jr., President. 



J. G. Tomlinson, Cashier. 



859.00 



RESOURCES. 



Loans and discounts $ 91,043.09 

Overdrafts 1 1,594.19 

United States bonds 

North Carolina State bonds 1 — 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 141,673.37 



39,195.59 

1,166.70 

817. 50 

2,347.30 

4,650.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -'— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 141,673.37 



$ 10,000.00 
10,000.00 
2,056.08 



28,138.12 
89,400.61 



2, 078. 56 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



485 



BANK OF TRYON. 



Joseph, Norwood, President. 



J. B. Hester, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 45,827.36 



Total- 



3,583.29 



1,462.59 



50,873.24 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors 



$ 10,000.00 
1,000.00 
1,824.94 



Total 



7,905.21 
27,326.24 



733.05 
2,083.80 



50,873.24 



BANK OF VANCEBORO. 



W. C. White, President. 



J. B. Harvey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 425.00 



Total - 



100.00 



5,874.83 



224.39 
1,400.00 



8,024.22 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 5,000.00 



15 



Total 



.07 



5,024.22 



BANK OF COLUMBUS, VINELAND. 



R. H. Powell, President. 



F. L. Ford, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 52, 



Total 66,115.76 



107.81 
270. 55 



757.58 
700.00 
924.00 
297.66 
566.90 
390.00 



1,018.26 
3,083.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding -. 
Certified checks 



Total 



$ 10,000.00 
1,423725 



5,000.00 
14,527.85 
34,983.51 



181.15 



5,115.76 



486 



N. C. CORPORATION COMMISSION. 



BANK OF WADESBORO. 



T. J. Covington, President. 



C. M. Burnes, Cashier. 



$169, 
12, 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds j 

Banking house, furniture and fixtures- 1 1, 

All other real estate owned 

Demand loans ! 8, 

Due from banks and bankers 28, 



576.62 
550.13 



000.00 
865~00 



Cash items 

Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



373.43 
536.30 
,841.27 
645.00 

, 564. 50 

,000.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

j Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

i Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 237,952.25 



Total 



000.00 
000.00 
738. 88 
149.00 
000.00 



266.67 
060. 15 



832.65 
904.90 



237,952.25 



BANK OF WAKE, WAKE FOREST. 



J. B. Powers, President. 



T. E. Holding, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 



$ 55,296.41 
507. 87 



13,182.92 

51.46 

1,427.50 

847.28 

4,003.00 



79,235.12 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit- — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



15,000.00 

2,000.00 

730.82 



9,000.00 

7,672.65 

44,686.99 



144. 66 



79,235.12 



BANK OF DUPLIN, WALLACE. 



H. C. McQueen, President. 



A. L. McGowen, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 166,825.46 



$140,314.94 
398.65 



2,200.00 



3,062.00 

13,704.05 

1,267.26 

105.00 

973.56 

4,800.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors— 



$ 12,500.00 

5,000.00 

4,102.17 

120.00 



61,394.17 
82,971.61 



137.51 



600.00 



Total 166,825.46 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



48' 



BANK OF WALLACE. 



W. E. Borden, President. 




S. A. Boney, 


Cashier. 


RESOURCES. 
Loans and discounts 


$ 42,468.76 
407.64 


LIABILITIES. 
Capital stock 


$ 13,850.00 






975 37 










All other stocks, bonds and mortgages- 










Bills payable 


1,500.00 


Banking- house, furniture and fixtures- 


6,336.09 




Deposits subject to check 

Demand certificates of deposit 


10,152.16 

10,739.21 

2,571.26 

84 30 














Cashier's checks outstanding 




80.00 

621.81 

3,458.00 




Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 


Total 




Total — - - — — 


53,372.30 


53,372.30 









BANK OF WARREN, WARRENTON. 



Tasker Polk, President. 



C. N. Williams, Jr., Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 88,854.79 
1,673.71 



Total 118,872.51 



6,286.19 



13,545.51 
655. 15 
770. 00 

1,135.16 

5,952.00 



liabilities. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 22,250.00 
3,804.64 



44,353.48 
45,387.42 



503. 17 

573.80 

2,000.00 



118,872.51 



CITIZENS BANK, WARRENTON. 



W. B. Boyd, President. 



R. T. Watson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



liabilities. 



$ 83,710. 



871.28 



Capital stock - 



Surplus fund- 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

684.99 ! Time certificates of deposit 

- Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



29,339.60 
2,291.86 
1,100.00 



Total 124,068.41 



1,469.79 
4,600.00 



20,000.00 



2, 328. 55 



39, 820. 30 
61,777.97 



Total 124,068.41 



141.59 



488 



N. C. CORPORATION COMMISSION". 



BANK OF WARSAW. 



T. B. Peirce, President. 



H. F. Peirce, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 76,588.32 



$ 48,608.57 
3, 152. 99 



2,419.25 



3,764.30 

16,242.98 

15.00 

392.50 

517.73 

1,475.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Accrued interest due depositors 



Total 



$ 10,000.00 
3,000.00 
1,697.28 



44, 972. 96 
16,470.63 



317.45 
130.00 



76,! 



,32 



BANK OF WASHINGTON. 



Seth Bridgman, President. 



T. J. Latham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 



$160,165.13 
329.34 



5,000.00 



5,852.63 



currency 

National bank notes and other U. S. 



Total 245,922 



25,163.17 
2,854.89 
2,595.00 

2,182.92 

73,574.98 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted-— 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 50,000.00 

32, 000. 00 

3,640.41 

40.00 



24,962.39 
133,930.65 



848. 63 
500.00 



345,922.08 



SAVINGS AND TRUST COMPANY, WASHINGTON. 



B. G. MOSS, President. 



J. B. Sparrow, Cashier. 



RESOURCES. 



$ 78,702.73 
23.68 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 1— 

Banking house, furniture and fixtures-! 17, 503. 30 

All other real estate owned 

Demand loans 

Due from banks and bankers 22, 869. 28 

Cash items 203.40 

Gold coin 1,020.00 

Silver coin, including all minor coin 

currency 

National bank notes and other U, S. 

notes 



665.99 
5,264.00 



Total ! 126,252. 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 126,252. 



$ 45,400.00 
2,000.00 
4,829.79 



3,000.00 



48,941.20 
21,957.53 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



489 



WAXHAW BANKING AND TRUST COMPANY. 



J. L. Rodman, President. 



J. A. Williams, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 44,344.86 



$ 28,833.67 
24.01 



,901.03 



5,934.66 

~~~720.~00 

831.49 

3,100.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 17,550.00 



627.72 



5,558.08 
20,380.38 



228. 



Total 



BANK OF WAYNESVILLE. 



Alden Howell, President. 



Alden Howell, Jr., Cashier. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 295, 593. 



$241,840.86 
4,368.09 



7,416.66 
5,000.00 



3,325.33 

25,450.34 

1,590.42 

665. 00 



945.00 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



000.00 
000. 00 
556. 19 



14,980.50 



106, 



022. 45 
939. 56 



,703.03 
392.25 



Total 1 295,593-i 



COMMERCIAL BANK, WAYNESVILLE. 



R. E. Osborne, President. 



C. M. Hickerson, Cashier. 



RESOURCES. 


$ 23,023.48 


liabilities. 

Capital stock 

Surplus fund 


$ 20,472.56 








229.04 




























93.25 
3, 500. 00 










23,902.22 
600 00 




Demand certificates of deposit 




20,053.15 

488.96 

1,085.00 

986.23 

1,292.00 

50,522.07 


5,000.00 
318 25 




Cashier's checks outstanding 






Silver coin, including all minor coin 


Total - - 




National bank notes and other U. S. 




Total 


50,522.07 







490 



N. C. CORPORATION COMMISSION. 



BANK OF WELDON. 



W. E. Daniel, President. 



W. R. Smith, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$108,423.87 
1,208.07 



Total - 



5,456.08 



9,674.95 



- 162,787.97 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding-- 
Certified checks 



Total 



$ 20,000.00 
15,500.00 
1,174.58 



126,113.39 



162, 787. 97 



BANK OF WHITAKERS. 



W. T. Braswell, President. 



W. J. Taylor, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 60,134.24 



303.27 



14,362.19 
23.67 
806.00 

1,110.26 

3,321.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted - - 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- - 
Certified checks 



Total 



$ 10,000.00 



3, 503. 05 



4, 500. 00 



5,674.40 
56,206.74 



250.05 



60,134.24 



BANK OF WHITEVILLE. 



J. B. Schulken, President. 




L. M. Covington, 


Cashier. 


RESOURCES. 


$ 84,162.96 
633.28 


liabilities. 


$ 10,000.00 










6 813 45 










All other stocks, bonds and mortgages- 




Notes and bills rediscounted 


7,500.00 
5,000.00 


Banking house, furniture and fixtures- 


5,400.00 








86, 547. 47 












16, 702. 91 














40.00 
2,311.77 
6,610.00 






Silver coin, including all minor coin 


Total - 




National bank notes and other U. S. 
notes 


* 


Total 


115,860.92 


115,860.92 









CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



491 



BANK OF MARTIN COUNTY. WILUAMSTON. 



W. Martin, President. 



J. G. Godard, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 136,999.65 



$102,689.01 
4,553.56 



1,000.00 
1,850.00 



2, 072. 89 
22, 450. 59 



2,403.60 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted ~ 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Accrued interest due depositors - 



Total 



15,000.00 
8,500.00 

2,272.88 



10,000.00 
35,777.46 
63, 675. 10 



1,774.21 



136,999.65 



FARMERS AND MERCHANTS BANK, WILLIAMSTON. 



D. S. Biggs, President. 



F. F. Fagan, Cashier. 



RESOURCES. 


$ 83,520.65 
865.01 


LIABILITIES. 


$ 25,000.00 
300 00 










3,297 17 










All other stocks, bonds and mortgages- 








Bills payable 


15,000.00 




10,806.19 


24, 641. 77 
35,471.09 














6, 177. 60 
307.48 
575.00 

333.10 

1,125.00 
























currency 

National bank notes and other U. S. 
notes 


Total 




Total 


103,710.03 


103,710.03 







ATLANTIC TRUST AND BANKING COMPANY, WILMINGTON. 

M. J. Heyer, President. Milton Calder, Cashier. 



resources. 



Loans and discounts 

Overdrafts •_ 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin : 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 706,722 



$643,330.62 



100.00 



24,000.00 

34,849.05 

113.14 

210.00 

490. 18 

3,630.00 



LIABILITIES. 



Capital stock — 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit-— 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors - 



$ 50,000.00 



Total 



24,812.69 



612,025.91 
14, 443. 46 



367.53 

73.40 

5,000.00 



706, 722. 99 



492 



N. C. CORPORATION COMMISSION. 



CAROLINA SAVINGS AND TRUST COMPANY, WILMINGTON. 

J. S. Armstrong, President. J. H. Davis, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$304,256.25 



Total - 



435. 



14,120.00 

16, 646. 46 

264.71 

50.00 

113.43 



,425.18 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors- 



Total 



$ 25,000.00 
7,508.07 



271,309.72 
34,107.39 



1,500.00 



339,425.18 



HUGH MacRAE & COMPANY, BANKERS, WILMINGTON. 

President. 



, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total- 



$ 166. 68 
71.37 



2,285.07 



23,250.00 
8,905.01 
7,000.00 



4.16 
40.00 



41,622.29 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted -- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



$ 10,000.00 



195.58 



31,526.71 



41,722.29 



PEOPLES SAVINGS BANK, WILMINGTON. 

H. C. McQueen, President. 



F. W. Dick, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$774,372.24 



10,000.00 
2, 407. 50 



17,922.39 
1,074.63 



Total - 



265. 03 
4,557.00 



810, 



.79 



liabilities. 



Capital stock 

Surplus fund---- 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding -. 
Certified checks 



Total 



$ 30,000.00 



43,877.05 
54.00 



656,415.48 
80,252.26 



810,598.79 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



493 



WILMINGTON SAVINGS AND TRUST COMPANY, WILMINGTON. 

J. W. Norwood, President. C. E. Taylor, Jr., Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 1, 



$1,342,921.76 



3,000.00 



1.00 

15,000.00 

132,372.41 

73,455.41 

590. 82 



382.88 
1,404.00 



128. 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



Total 



$ 25,000.00 
""131,859.04 



1,276,385.83 
135,883.41 



1,569,128.28 



BRANCH BANKING COMPANY, WILSON. 



H. G. Connor, President. 



J. C. Hales, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages - 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$438, 

10, 

1, 



Total 577, 876. 77 



399. 78 
433.85 
700. 00 



832. 98 
550.00 
230. 71 
426.03 
202. 18- 
540. 00 

180.24 



32,381.00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit- - 

Deposits subject to check 

Savings deposits 

Due to banks and bankers 

Cashier's checks outstanding 
Certified checks 



Total 



$ 100,000.00 

35,000.00 

7,777.96 



27,425.00 



264,912.11 

140, 122. 91 

2,638.79 



577,876.77 



CITIZENS BANK, WILSON. 



R. G. Briggs, President. 



W. M. Farmer, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 84,870.38 



$ 43,200.76 
13.96 



10,256.96 

145.25 

1,000.00 

1,084.07 

7, 064. 00 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted--- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding- -- 
Certified checks 



Total 



$ 50,000.00 



1,317.59 
1,149.43 



200.00 
32,203.36 



Corp. 2 — 33 



494 



N. C. CORPORATION COMMISSION. 



WILSON TRUST AND SAVINGS BANK, WILSON. 



John F. Bruton, President. 



E. T. Barnes, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking- house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including- all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$160,945.75 



2, 000. 00 
3~108^00" 



22,279. 



350.00 
188,743.21 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 10,000.00 



7,017-00 



171,726.21 



188,743.21 



BANK OF WINDSOR. 



Thomas Gillam, President. 



W. L. Lyon, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures - 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin ] 

Silver coin, including all minor coin I 

currency r* 

National bank notes and other U. S. I 

notes J 



Total 248,548. 



$200,043.45 
1,875.44 



1,500.00 



5,513.65 
274.65 



9,341.34 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check — '— 
Demand certificates of deposit- 

Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 20,000.00 
4,000.00 
2,096.80 



19,262.51 
118,451.33 
84, 641. 18 



83.40 
13.31 



248,548.53 



CITIZENS BANK OF WINDSOR. 



M. B. Gillam, President. 



H. D. BATEMAN, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin I 

Silver coin, including all minor coin I 

currency \ 

National bank notes and other U. S. I 

notes J 



Total - 



$ 69,957.47 
1,504.40 



3,702.24 



10,282.78 
245.82 



. :]2 



89,391.03 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted --- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding -- 
Certified checks 



Total 



$ 20,000.00 

1,000.00 

168.64 



4, 900. 00 
15,000.00 
21,363.24 
26,742.93 



202.22 
14.00 



89,391.03 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



495 



PIEDMONT SAVINGS BANK, WINSTON. 



J. F. Griffith, President. 



P. W. Crutchfield, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total - 



$ 93,587.02 
918.30 



6,026.12 
7, 700. 00 



5,233.43 
1,047.30 
8,080.00 

578.33 

5,579.00 



128,749.50 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



Total 



12,000.00 



1,490.91 



29, 649. 77 
85, 607. 32 



1.50 



128,749.50 



WACHOVIA LOAN AND TRUST COMPANY, WINSTON. 

F. H. Fries, President. H. F. Shaffner, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 

Stocks, securities, etc 



Total 5,151,907.79 



$2,770,263.15 


66,761.97 


500.00 


92,575.00 


525. 00 


87, 873. 72 


9,966.11 


112,225.00 


402,015.08 


25,480.87 


72,249.36 


23,453.74 


130,364.00 


1,353,856.40 


3,798.39 



LIABILITIES. 



Capital stock $ 600,000.00 

Surplus fund 

Undivided profits 131,141.29 

Dividends unpaid 

Notes and bills rediscounted 147,503.00 

Bills payable 

Time certificates of deposit 360,074.43 

Deposits subject to check 2,168,741.20 

Demand certificates of deposit ■ 

Due to banks and bankers 170,820.; 

Cashier's checks outstanding 18,080.39 

Certified checks 1,151.50 

Deposits in trust 1,554,395.59 



Total 



5,151,907.79 



BANK OF WINTERVILLE. 



A. G. Cox, President. 



J. L. Jackson, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



$ 7,875.00 
61.65 



Total- 



959.98 



500.00 
6,435.65 



20.00 

110.48 

1,383.00 



17,345.76 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



$ 5,000.00 
47.51 



Total 



1,285.00 
11,013.25 



17,345.76 



496 



H". C. CORPORATION" COMMISSION". 



MERCHANTS AND FARMERS BANK, WINTON. 



A. I. Parker, President. 




J. P. Mitchell, 


Cashier. 


RESOURCES. 


$ 70,795.66 
27.81 


liabilities. 


$ 10,000.00 
4,000.00 
2,606.39 






























29 00 


Banking house, furniture and fixtures- 


2,298.01 


Time certificates of deposit 


700. 00 
70,431.17 










6,224.79 

3,300.00 

75.00 

728.14 

4,827.00 








Cashier's checks outstanding 


509 85 






Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 
notes 




Total - _____ 


88,276.41 


88,276.41 







FARMERS BANK, WOODLAND. 



J. B. Griffin, President. 




I. T. Blanchard, 


Cashier. 


RESOURCES. 


$ 11,995.00 
2.20 


LIABILITIES. 


$ 5,000.00 
1,000.00 


















All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


3,231.62 








20,258.12 










7,159.04 
188.36 
20.00 

245.02 

3,325.00 
131.38 








Cashier's checks outstanding 


39 50 






Silver coin, including all minor coin 


Total - -_ - _ 




National bank notes and other U. S. 












Total 


26,297.62 


26,297.6 







BANK OF YADKIN, YADKINVILLE. 
T. J. Byerly, Acting President. 



W. A. Hall, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 



LIABILITIES. 



$ 35,692.21 
191.72 



Capital stock 

Surplus fund 

- Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 

Bills payable 

2,144.10 | Time certificates of deposit 

' Deposits subject to check 

-j Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding - 
Certified checks 



19,859.21 

745. 85 

2,305.00 



477. 11 
1,730.00 



5,145.20 



Total 



$ 10,000.00 



1,798.32 



26,458.82 
24,864.82 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



497 



BANK OF YANCEYVILLE. 



B. S. Graves, President. 



T. B. Lasley, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 

Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense 



Total - 



$ 15,972.32 
8.49 



2,288.88 
364. 75 
367.50 

301.94 

1,409.00 
44.73 



21,366.34 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding- _ 
Certified checks 



Total 



$ 5,000.00 



8,502.69 

7, 482. 44 



381.21 



21,366.34 



BANK OF YOUNGSVILLE. 



J. B. Perry, President. 




W. G. RlDDICK, 


Cashier. 


RESOURCES. 


$ 34,482.17 
5,262.20 


LIABILITIES. 

Capital stock 


$ 5,000.00 

5, 000. 00 

526 48 
















All other stocks, bonds and mortgages- 












— 

10,500.00 
2 600 00 




350.00 








24,116.46 










6,347.27 

8.00 

600.00 

431.32 

560.00 








Cashier's checks outstanding 


298 02 






Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 


Total 








Total - _______ 


48, 040. 96 


48,040.96 







498 



N. C. CORPORATION COMMISSION. 



SUMMARY. 



STATE, PRIVATE AND SAVINGS BANKS. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking houses, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 

Miscellaneous 



Total 48,307,488.15 



32,464,759.16 


635, 766. 52 


13,320.00 


136, 489. 09 


1, 107, 577. 88 


5,423.46 


1,138,166.43 


128,437.31 


1,535,947.06 


6,940,096.12 


456,826.44 


343,449.00 


396,237.83 


1,629,711.00 


1,353,856.40 


21,424.45 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashier's checks outstanding — 

Certified checks 

Accrued interest due depositors 

Deposits in trust 

Miscellaneous 



Total 



6,474, 

1,267, 

1,537, 

6, 

548, 

730, 

4,155, 

28,559, 

2, 107, 

1,079, 

182, 

9, 

49, 

1, 599, 



785.20 
881.78 
289. 76 
062.65 
112.94 
487. 38 
917.28 
328.75 
099.40 
044. 56 
261.47 
973. 53 
286. 70 
844.25 
112.50 



48,307,488.15 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



499 



Summary of the Reports of the Condition of the State, Private 
and Savings Banks of North Carolina at Close of Business on 
Different Dates. 

STATE, PRIVATE AND SAVINGS BANKS, OCTOBER 5, 1897. 



RESOURCES. 

Loans on real estate 

All other loans and discounts 

Overdrafts 

United States bonds on hand (par 

value) 

North Carolina State bonds 

Other State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Due from banks — 

Banking- houses 

Furniture and fixtures 

All other real estate 

Current expenses ■ 

Cash items 

Gold coin 

Silver coin and all fractional cur- 
rency 

National bank notes and other 
U. S. notes 



Total 



1,094,123.83 

5,414,233.39 

133,193.85 

10,000.00 
55,982.27 



218,481.45 

3, 417. 50 

, 237, 942. 16 

175,410.41 

90,295.62 

126,031.40 

61,417.06 

153,072.29 

181,270.11 



401,067.18 



,451,823.40 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits, less expenses- 
Dividends unpaid 

Deposits subject to check 

Due to banks 

Notes rediscounted 

Cashiers' checks outstanding- - 

Certified checks 

Bills payable 

Demand certificates of deposit -- 

Time certificates of deposit 

Other liabilities 



Total 



2, 564, 
376, 
291, 
107, 

4,667, 
141, 
234, 
34, 
1, 
282, 
263, 



354. 55 

080. 18 
240.71 
527. 03 

520. 19 
449. 68 
264. 06 
122.69 
082. 98 
322.00 
260. 52 



.81 



9,451,823.40 



STATE, PRIVATE AND SAVINGS BANKS, SEPTEMBER 20, 1898. 



RESOURCES. 



Loans on real estate 

All other loans and discounts 

Overdrafts 

United States bonds on hand (par 
value) 

North Carolina State bonds 

Other State bonds 

All other stocks, bonds and mort- 



Premium on bonds 

Due from banks 

Banking houses 

Furniture and fixtures 

All other real estate 

Cash items 

Gold coin 

Silver coin and all fractional cur- 
rency 

National bank notes and other 

U. S. notes 

Other resources 



1,092,542.65 

5,983,284.53 

125, 647. 32 

47,300.00 
80,165.45 



271,889.02 

2,345.00 

1,429,299.25 

196,531.13 

70,564.60 

140,813.22 

171,561.21 

197,871.00 

106,711.20 

420, 449. 67 
189,925.05 



Total 



10,526,900.30 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits, less expenses 

Dividends unpaid 

Deposits subject to check 

Due to banks 

Notes rediscounted 

Cashiers' checks outstanding-- 

Certified checks 

Bills payable 

Demand certificates of deposit- 
Time certificates of deposit 

Other liabilities 



Total 



2,525, 

376, 

311, 

2, 

5,208, 

186, 

108, 

48, 

9, 

285, 

277, 

529, 

656, 



297. 15 
581.41 
666. 93 
372.26 
917.98 
882.69 
163.35 
995.91 
309.33 
434. 95 
660.37 
597. 26 
020. 71 



10,526,900.30 



500 



N. C. CORPORATION COMMISSION. 



STATE, PRIVATE AND SAVINGS BANKS, JUNE 30, 1899. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort 

gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 

Total 



7,010,216.07 
84,143.53 
46, 300. 00 
77, 058. 95 

483,664.02 

16,227.50 

191,583.97 

68, 079. 00 

144.751.65 

177,951.10 

1,804,964.09 

80,998.63 

239,125.53 

114,002.22 

413,909.03 

322,515.43 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 
Deposits subject to check- - 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



11,275,490.72 



Total. 



2,307,297.80 

410,339.42 

328,530.81 

8,193.00 

89,286.73 

84,781.66 

769,056.96 

6,511,640.71 

198,816.61 

179,493.74 

59,851.69 

1,859.64 

326,341.95 



11,275,490.72 



STATE, PRIVATE AND SAVINGS BANKS, APRIL 26, 1900. 



RESOURCES. 


$ 8,935,194.52 
198,179.06 
33,800.00 
133,558.95 

580, 522. 02 

10, 787. 49 

249,570.49 

88,499.45 

195, 198. 62 

392,291.43 

2,053,329.25 

187,192.63 

235,217.62 

163, 168. 42 

503,332.75 

266, 770. 69 


LIABILITIES. 


$ 2,608,272.09 

543,344.03 

408, 276. 80 

7,517.50 

140, 737. 16 


















gages 






613 290 41 




Deposits subject to check 


8,734,885.94 
444,629.61 
200,621.33 
100,428.01 
1,031.01 
294, 594. 50 






















Total 


















Total 


14,226,613.39 


14,226,613.39 



STATE, PRIVATE AND SAVINGS BANKS, SEPTEMBER 5, 1900. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 

Total 



389,212.41 
197,201.89 
26,200.00 
163,223.95 



545, 
9, 
213, 
103, 
198, 
265, 
2,242, 
140, 
236, 
130, 
462, 
294, 



324. 94 
255.00 
139. 34 
424. 50 
008. 20 
668.42 
632. 83 
699.05 
489.66 
442.86 
243.41 
793.18 



14,617,959.64 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total - 



2,686,383.47 

555, 747. 18 

134,342.14 

24, 448. 00 

196,698.82 

389, 925. 88 

687, 549. 40 

8,674,655.50 

350, 839. 22 

240, 114. 40 

71,187.53 

603.25 

327,464.85 



14,617,959.64 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



501 



STATE, PRIVATE AND SAVINGS BANKS, DECEMBER 13, 1900. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 



Total 16,130 



$ 9, 



895,036.02 

305,382.12 

30,050.00 

139,350.00 



231, 
92, 
212, 
520, 
2,451, 
263, 
227, 
162, 
657, 
322, 



239.48 
559.69 
140.53 
704. 14 
504. 78 
925.65 
767. 84 
375.54 
373.95 
012.43 
845.13 
399.37 



.67 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total - 



2,744,929.65 
584, 917. 96 
507,690.75 
831. 50 
251, 887. 78 
198, 725. 18 
686, 736. 58 

9,704,596.38 
663,873.84 
312,818.64 
111,098.54 
2,431.74 
360, 128. 13 



16,130,666.67 



STATE, PRIVATE AND SAVINGS BANKS, APRIL 24, 1901. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort 

gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 

Total 



10,790,710.70 

231,110.44 

24,300.00 

141,300.00 



632, 
8, 
236, 
121, 
209, 
425, 
2,010, 
222, 
234, 
191. 
502 
337, 



477.82 
243.00 
780. 52 
343. 86 
929.41 
376.28 
613. 72 
832. 07 
409.69 
002. 68 
826.00 
904.49 



16, 321, 160. < 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable — 

Time deposits 

Deposits subject to check - 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total - 



2, 812, 602. 16 

593, 500. 65 

539, 596. 57 

4,133.00 

306,605.97 

244, 652. 15 

703,174.55 

9,824,011.20 

580,778.03 

230,348.82 

81,408.41 

1,716.84 

398,632.33 



16,321,160.68 



STATE, PRIVATE AND SAVINGS BANKS, SEPTEMBER 30, 1901. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort 

gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 

.Total 



11,468,302.24 

241,400.19 

4,000.00 

102, 650. 00 



692, 
8, 
274, 
123, 
167, 
494, 
,264, 
198, 
214, 
154, 
636, 
321, 



170.44 
105.00 
104.19 
920.19 
989.31 
888. 97 
859.17 
982. 94 
456.59 
158. 58 
053. 00 
736. 11 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



17,367,776. 



Total - 



2,982,527.61 

628,493.63 

510,625.72 

6, 376. 93 

554, 115. 84 

705,829.13 

713,985.89 

9,873,425.21 

548,141.87 

377,484.90 

87, 454. 41 

2, 494. 22 

376, 821. 56 



17,367,776.92 



502 



N. C. CORPOEATION COMMISSION. 



STATE, PRIVATE AND SAVINGS BANKS, FEBRUARY 25, 1902. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 



Premium on bonds 

Banking houses 

Furniture and fixtures 
All other real estate — 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes — 
Miscellaneous 



Total 18,527,103.61 



$ 11,592,643.33 

216,589.30 

3,820.00 

73,050.00 



693, 
7, 
298, 
116, 
172, 
586, 
,205, 
267, 
225, 
177, 
571, 
318, 



209.76 
485. 50 
230. 10 
186.52 
642.84 
487. 68 
770. 02 
853. 99 
279. 67 
562.04 
384.90 
907.96 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check- 
Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total - 



3,240,377.08 

633, 877. 93 

526,303.50 

5, 920. 60 

352.686.72 

120,221.63 

820,551.18 

11,434,555.98 

669,999.41 

243,441.62 

90, 579. 60 

1, 776. 18 

386,812.18 



18,527,103.61 



STATE, PRIVATE AND SAVINGS BANKS, JULY 16, 1902. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 



Total 18,790,224 



$ 12,810,408.33 

209, 349. 85 

720. 00 

92,775.00 

660, 



, 578. 31 
,541.20 
,664.33 
149.52 
,547.00 
, 544. 36 
2, 399, 936. 56 
, 780. 99 
, 626. 84 
, 258. 78 
.07 
, 857. 30 



294, 
130, 
166, 
512, 



220, 
231, 
183, 
556, 
311, 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total - 



3,306,408.08 

674,723.98 

575, 662. 23 

6,937.45 

469,270.81 

311,409.20 

921,732.80 

11,078,837.38 

692,990.33 

229,122.19 

70,550.89 

16,468.70 

436,110.40 



18,790,224.44 



STATE, PRIVATE AND SAVINGS BANKS, NOVEMBER 25, 1902. 



RESOURCES. 



Loans and discounts $ 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 



Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 



Total 22,341,418.68 



13,821,931.48 

377,323.90 

420. 00 

74,425.00 



792, 
11, 
355, 
145, 
168, 
829, 
,891, 
341, 
225, 
222, 
245, 
337, 



192.17 
338. 67 
853.91 
195.52 
564.04 
222. 19 
929. 14 
759. 33 
943. 82 
175. 04 
378. 30 
766. 17 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total 



3,474,917.65 

618,956.02 

780,617.31 

1,356.95 

336, 187. 99 

299,579.43 

1,188,457.85 

13, 990, 892. 71 

538,386.41 

404,115.28 

83,471.49 

35, 789. 20 

588,690.39 



22,341,418.1 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



503 



STATE, PRIVATE AND SAVINGS BANKS, APRIL 9, 1903. 



RESOURCES. 


$ 16,055,112.90 

225,753.28 

13,220.00 

98,160.56 

833,911.54 
14,388.31 
361,139.48 
176, 188. 88 
164,222.98 
754, 173. 75 
4,093,751.25 
259, 798. 16 
231,501.84 
253,394.47 
795, 689. 11 
654,752.32 


LIABILITIES. 


$ 4, 243, 050. 89 

631,231.99 

703, 925. 15 

6,772.65 

215,999.54 

219,629.11 

1,364,831.58 

15,453,377.42 

970,219.12 

296, 068. 49 

78, 597. 18 

36,337.86 

765, 109. 87 










North Carolina State bonds 


Dividends unpaid 




Bills payable 






Deposits subject to check 










Cashiers' checks 










Total 


















Total - 


24,985,158.83 


24,985,158.83 





STATE, PRIVATE AND SAVINGS BANKS, NOVEMBER 17, 1903. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Invested trust assets 

Miscellaneous 



Total 26,168,282.29 



$ 16,870,825.56 

317,458.94 

70.00 

36,550.00 

976, 077. 81 
14,287.08 



579, 
201. 
930, 
4,020, 
224, 
239, 
219, 
881, 
633, 
23, 



338. 92 
622.36 
179.15 
175. 63 
856. 25 
303. 50 
081.39 
266.00 
453.04 
736.66 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashiers' checks outstanding — 

Certified checks 

Accrued interest due depositors 

Trust funds 

Special reserve 

Miscellaneous 

Total 



4,457, 

607, 

807, 

2, 

483, 

501, 

1,560, 

15,291, 

1,010, 

500, 

96, 

35, 

31, 

759, 

21, 



533.39 
624.45 
450.89 
424. 11 
424.90 
010.98 
905. 25 
814.30 
962. 98 
293.85 
788. 72 
535.43 
838. 39 
078. 60 
313.21 
282.84 



26, 168, 282. 29 



STATE, PRIVATE AND SAVINGS BANKS, JANUARY 22, 1904. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 

Miscellaneous 

Total 



$ 17,451,666.48 

350,430.35 

1,070.00 

37,250.00 

1,015,875.52 

14,248.14 

622,745.33 
189,310.31 
1,021,261.71 
4, 917, 487. 67 
288, 972. 97 
260,089.67 

278, 774. 39 

832,823.81 

1,128,510.03 

24,328.23 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashiers' checks outstanding — 

Certified checks 

Accrued interest due depositors 

Deposits in trust 

Special reserve 

Miscellaneous 



Total 



4, 707, 

616, 

773, 

7, 

455, 

287, 

1, 775, 

16, 861, 

991, 

525, 

125, 

30, 

16, 

1,237, 

21, 



959. 69 
645.39 
458.59 
948. 98 
889.88 
259. 04 
130. 16 
042.71 
180.01 
706. 41 
334. 43 
776. 27 
987.90 
644.26 
313.21 
567.68 



28,434,844.61 



>04 



N. C. CORPORATION COMMISSION. 



STATE, PRIVATE AND SAVINGS BANKS, JUNE 9, 1904. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor 

coin currency 

National bank notes and other 

U. S. notes 

Invested trust assets 

Miscellaneous 

Total 



16,525,136.26 

262, 534. 22 

70.00 

39,560.00 

1,032,725.48 
12,269.88 

661,965.56 
188,818.32 
852,983.39 
4, 082, 205. 50 
267,054.44 
274, 517. 19 



256, i 



.22 



898,972.00 

1,043,203.18 

17,697.22 



,416,580. 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- - 

Due to banks and bankers 

Cashiers' checks outstanding __ 

Certified checks 

Accrued interest due depositors- 
Trust deposits 

Miscellaneous 



Total 



4,771 

677 

954 

2 

562 

430 

2,059 

17, 083 

967 

528 

105 

30 

23 

1,219 



,704.66 
,348.68 
,200.24 
,727.30 
,332.04 
,206.27 
, 788. 14 
,205.08 
,085.79 
,496.64 
,252.71 
, 260. 05 
, 669. 80 
,428.75 
874. 71 



29,416,580.86 



STATE, PRIVATE AND SAVINGS BANKS, SEPTEMBER 6, 1904. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor 

coin currency 

National bank notes and other 

U. S. notes 

Invested trust assets 

Miscellaneous 



Total 29,842,442.92 



$ 20,543,681.38 

244,983.97 

70.00 

37,600.00 

1,012,995.07 
9,838.61 

697,285.80 
189,796.36 
745,377.91 
3, 495, 409. 21 
257,175.49 
279, 767. 50 

236,415.13 

898,496.00 

1,177,328.05 

16,222.41 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashiers' checks outstanding - 

Certified checks 

Accrued interest due depositors 

Deposits in trust 

Miscellaneous 



Total 



4,938 

721, 

881. 

13. 

692. 

890, 

2,177. 

16,519. 

1,082, 

456, 

103, 

28, 

24, 

1,310, 

1, 



197.18 
563. 94 
620.12 
184. 98 
575. 60 

584. 17 
683.38 
804.55 
435.33 
325. 93 
832. 69 
375. 85 
813.29 
377. 73 

068. 18 



29,842,442.92 



STATE, PRIVATE AND SAVINGS BANKS, NOVEMBER 10, 1904. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor 

coin currency 

National bank notes and other 

U. S. notes 

Invested trust assets 

Miscellaneous 



Total 31,604,183.46 



20, 759, 830. 16 

424,945.17 

70.00 

41,800.00 

1,002,289.11 
10,100.41 

723, 107. 71 
149, 868. 80 
940,094.42 
4, 307, 892. 05 
279,652.71 
293, 786. 12 

285,765.97 

5,105,408.00 

1,269,295.12 

10,277.71 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashiers' checks outstanding - 

Certified checks 

Accrued interest due depositors 

Deposits in trust 

Miscellaneous 



Total 



4, 935 

707. 

1,002, 

4. 

699. 

734 

2,141, 

17, 988, 

1,114, 

669, 

116, 

29, 

26, 

1,432, 

1, 



504.01 
582.19 
,151.58 
, 926. 50 
, 867. 97 
,951.26 
,304.51 
,543.85 
, 522. 53 
, 305. 11 
,353.51 
,108.86 
,144.47 
,590.34 
326.77 



31, 



CONDITION OF STATE, PRIVATE AND SAVINGS BANKS. 



505 



STATE, PRIVATE AND SAVINGS BANKS, MAY 29, 1905. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor 

coin currency 

National bank notes and other 

U. S. notes 

Invested trust assets 

Miscellaneous 

Total 



$ 22,346,898.28 

261,944.31 

520.00 

36,000.00 

1,008,554.43 
3,233.64 

792,340.94 
188,041.08 
901,661.69 
4,711,672.95 
272,286.82 
332,329.37 

273,622.88 

954,972.00 

1,273,706.12 

10,779.93 



33,368,564.44 



LIABILITIES. 



Capital stock $ 5, 163, 504. 65 

Surplus fund 839,842.47 

Undivided profits 1, 144, 230. 14 

Dividends unpaid 3,282.33 

Notes rediscounted 394, 751. 26 

Bills payable 614,110.80 

Time certificates of deposit 2, 605, 665. 40 

Deposits subject to check 19,334,790.91 

Demand certificates of deposit -- 1, 057, 836. 76 

Due to banks and bankers 562, 736. 93 

Cashiers' checks outstanding — 93,002.09 

Certified checks 36,571.46 

Accrued interest due depositors- 54, 322. 66 

Deposits in trust 1,462,554.44 

Miscellaneous 1,362. 14 



Total 



33,368,564.44 



STATE, PRIVATE AND SAVINGS BANKS, MARCH 14, 1905. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor 

coin currency 

National bank notes and other 

U. S. notes 

Invested trust assets 

Miscellaneous 



Total 31, 923, 963. 43 



$ 21,248,668.50 

299,671.84 

70.00 

57, 500. 00 

967,549.28 
3,607.89 

772,495.52 
135,980.20 
910,165.29 
4,570,349.59 
213,269.10 
302,940.37 

257,441.05 

922,981.00 

1,249,300.96 

11,972.86 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit - 

Due to banks and bankers 

Cashiers' checks outstanding — 

Certified checks 

Accrued interest due depositors- 
Deposits in trust 

Miscellaneous 



Total 



4,961, 

794, 

1,004, 

7, 

587, 

493, 

2, 188, 

18,511, 

1,187, 

610, 

101, 

37, 

36, 

1,400, 



415.70 
708. 29 
880. 40 
929. 45 
550. 28 
409. 96 
024. 39 
713. 06 
069. 66 
103.19 
467.70 

497. 93 

319. 94 
935.07 
938.41 



31,923,963.43 



STATE, PRIVATE AND SAVINGS BANKS, NOVEMBER 9, 1905. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 

Miscellaneous 



Total 41, 095, 539. 92 



$ 25, 278, 526. 57 

528,346.78 

820.00 

92,550.00 

997,867.61 
3,279.08 

958, 888. 90 
137,831.33 
1, 636, 107. 77 
7,740,775.75 
343,251.33 
315,349.06 

360,593.33 

1,417,382.00 

1,277,041.51 

6,928.90 



LIABILITIES. 

I 

Capital stock $ 5,656,815.11 

Surplus fund 981,369.24 

Undivided profits 1,177,852.56 

Dividends unpaid 2,292.71 

Notes rediscounted 543,328.06 

Bills payable 414,200.67 

Time certificates of deposit 3, 044, 169. 93 

Deposits subject to check 24, 651, 669. 72 

Demand certificates of deposit-- 1,918,476.90 

Due to banks and bankers 997, 831. 65 

Cashiers' checks outstanding — 137,271.45 

Certified checks 14,878.49 

Accrued interest due depositors 59, 410. 38 

Deposits in trust 1,494,866.53 

Miscellaneous 1, 106. 52 



Total- 



41,095,539.92 



506 



N. C. CORPORATION COMMISSION. 



STATE, PRIVATE AND SAVINGS BANKS, APRIL 5, 1906. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate * 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 

Miscellaneous 



Total 43,380,000.52 



28,928,770.87 

486,239.89 

820.00 

99,300.00 

1, 066, 176. 14 
3,836.90 

1,016,884.35 

140, 196. 65 

1,671,505.05 

6,333,559.05 

307, 919. 48 

329,615.47 

398,742.61 

1,244,928.00 

1,342,581.55 

8, 924. 51 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashiers' checks outstanding- 
Certified checks 

Accrued interest due depositors 

Deposits in trust 

Miscellaneous 



Total - 



6,056 

1,150 

1,270 

14 

484 

740 

3,447 

25,495 

2,053 

854 

174 

39 

51 

1,544 



,800.86 
,415.28 
,311.65 
, 998. 08 
,116.57 
,756.30 
,732.95 
, 959. 26 
,871.50 
, 232. 65 
,905.45 
,098.04 
,706.31 
,608.29 
487.33 



43,380,000.52 



STATE, PRIVATE AND SAVINGS BANKS, JUNE 18, 1906. 



RESOURCES. 



Loans and discounts $ 

Overdrafts 

United States bonds 1 

North Carolina State bonds 

All other stocks, bonds and mort 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 

Miscellaneous 



Total 43,798,777.49 



50,559,641.31 

431,992.03 

1,820.00 

159,189.09 

1,036,919.89 
4,285.93 

1,042,516.46 

137,447.75 

1,357,720.37 

5,495,907.46 

290,895.38 

359,150.97 

354, 022. 95 

1,208,473.85 

1,340,008.62 

18,785.43 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashiers' checks outstanding- 
Certified checks 

Accrued interest due depositors 

Deposits in trust 

Miscellaneous 



Total - 



6, 190, 

1, 166, 

1.429, 

5, 

809. 

1,016, 

3,583. 

24, 693, 

2,384. 

712, 

182, 

11, 

51, 

1,561, 



156.80 
685.47 
407. 43 
668. 90 
389. 65 
056.74 
982. 16 
396. 57 
208.84 
596.38 
351.19 
584. 94 
287. 32 
559. 51 
445. 59 



43,798,777.49 



STATE, PRIVATE AND SAVINGS BANKS, SEPTEMBER 4, 1906. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor 

coin currency 

National bank notes and other 

U. S. notes 

Invested trust assets 

Miscellaneous 



Total 45,802, 



$ 31,702,452.32 

526,822.57 

820. 00 

142, 489. 09 

1,029,187.16 
10,824.12 

1,089,016.50 

119,657.34 

1,503,754.99 

5,895,517.98 

358, 139. 67 

357, 563. 97 

355,351.13 

1,341,447.00 

1,346,718.04 

22,699.25 



.13 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid — 

Notes rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit — 

Due to banks and bankers 

Cashiers' checks outstanding — 

Certified checks 

Accrued interest due depositors- 
Deposits in trust 



Total 



6,269, 

1,264, 

1,389, 

9, 

792, 

1,134, 

4,303, 

25,556, 

2, 344, 

851, 

236, 

16, 

51, 

1,576, 



451.89 
963.53 
899.75 
556.15 
931.19 
641.30 
486.20 
508. 57 
187. 16 
118.11 
115.60 
287. 19 
670.23 
644.26 



45, 



,461.13 



CONDITION OF NATIONAL BANKS. 



50' 



CONDITION OF NATIONAL BANKS OF NORTH CAROLINA, SEPTEMBER 15, 1902. 



RESOURCES. 



Loans and discounts 

Overdrafts 

U. S. bonds to secure circulation — 

U. S. bonds to secure deposits 

U. S. bonds on hand 

Premium on U. S. bonds 

Stocks, securities, etc 

Banking houses, furniture, etc. — 
Other real estate and mortgages 

owned 

Due from other National banks — 
Due from State and private banks - 
Due from approved reserve agents- 
Internal revenue stamps 

Checks and other cash items 

Notes of other National banks 

Fractional paper currency, nick- 
els, etc 

Specie 

Legal-tender notes 

Five per cent, redemption fund — 
Due from U. S. Treasurer 



Total 



11,437,381.36 

215,960.28 

1,792,100.00 

819,800.00 



68, 990. 52 
240,547.95 
364,978.52 

47,719.77 
980,005.87 
571,908.25 
.015,593.89 
1,680.48 
115,908.77 
124,485.00 

15, 138. 12 

518, 293. 47 

431,629.00 

87, 000. 00 

15, 399. 00 



18,865,520.25 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits, less expenses- 
National bank notes outstanding 

Due to other National banks 

Due to State and private banks 

and bankers 

Due to trust companies and sav- 
ings banks 

Due to approved reserve agents- 
Dividends unpaid 

Individual deposits 

U. S. deposits 

Deposits of U. S. disbursing offi- 
cers 

Notes and bills rediscounted 

Bills payable 

Other liabilities 



3,280,000.00 
1,072,770.96 

669,911.30 
1,777,490.00 

544, 633. 79 

657, 808. 63 

24,392.97 

5, 600. 03 

1,201.64 

8,978,718.52 

765,552.29 

56,346.34 
777,640.23 
217,250.00 

36,203.55 



Total - 



18,865,520.25 



CONDITION OF NATIONAL BANKS OF NORTH CAROLINA. NOVEMBER 9, 1905. 



RESOURCES. 

Loans and discounts 

Overdrafts 

U. S. bonds to secure circulation -- 

U. S. bonds to secure deposits 

U. S. bonds on hand 

Premium on U. S. bonds 

Bonds, securities, judgments, 

claims, etc 

Banking houses, furniture and fix- 
tures 

Other real estate and mortgages 

owned 

Due from other National banks — 
Due from State and private banks 

and bankers 

Due to approved reserve agents — 

Checks and other cash items 

Exchanges from clearing house — 

Notes of other National banks 

Fractional paper currency, nickels 

and cents 

Specie 

Legal-tender notes 

Five per cent, redemption fund 

Due from U. S. Treasurer 

Total 



17,681,973.55 

263,681.84 

3,350,750.00 

467,000.00 

200.00 

108,371.04 

242,333.74 

536,952.36 

34,495.23 
2,605,810.39 

1,214,473.58 
1,915,837.90 

225,371.54 
12,011.07 

179,441.00 

13,137.23 

872,711.38 

526, 848. 00 

145,681.97 

4, 355. 00 



30,401,436.82 



LIABILITIES. 



Capital stock 

Surplus fund .- 

Undivided profits, less expenses- 
National bank notes outstanding 

Due to other National banks 

Due to State and private banks 

and bankers 

Due to trust companies and sav- 
ings banks 

Due to approved reserve agents- 
Dividends unpaid 

Individual deposits 

U. S. deposits 

Deposits of U. S. disbursing offi- 
cers 

Bonds borrowed 

Notes and bills rediscounted 

Bills payable 

Reserved for taxes 

Other liabilities 



4,050,000.00 
1,485,840.00 
997,502.05 
3,325,610.00 
1,307,849.15 

1,851,287.72 

198, 365. 37 

17,274.16 

2,545.80 

16, 049, 692. 85 

392,933.38 

67, 844. 94 

30,000.00 

265,985.21 

330,000.00 



28,706.19 



Total - 



,401,436.82 



508 



N. C. CORPORATION COMMISSION. 



CONDITION OF NATIONAL BANKS OF NORTH CAROLINA, NOVEMBER 12, 1906. 



RESOURCES. 

Loans and discounts 

Overdrafts 

U. S. bonds to secure circulation — 

U. S. bonds to secure deposits 

Other bonds to secure U. S. de- 
posits 

U. S. bonds on hand 

Premium on U. S. bonds 

Securities, judgments, claims, etc. 
Banking- house, furniture and fix- 
tures 

Other real estate and mortgages 

owned 

Due from other National banks 

Due from State and private banks 

and bankers 

Due from approved reserve agents- 
Checks and other cash items 

Exchanges for clearing house 

Notes of other National banks 

Fractional paper currency, nickels 

and cents 

Specie 

Legal-tender notes 

Five per cent, redemption fund --- 
Due from U. S. Treasurer 

Total 



21,222,033.11 

239,243.01 

3,740,750.00 

857,000.00 

50,000.00 

200.00 

116,258.60 

605,803.18 




LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits, less expenses- 
National bank notes outstanding 

Due to other National banks 

Due to State and private banks 

and bankers 

Due to trust companies and sav- 
ings banks 

Due to approved reserve agents- 
Dividends unpaid 

Individual deposits 

U. S. deposits 

Deposits of U. S. disbursing offi- 
cers 

Bonds borrowed 

Notes and bills rediscounted 

Bills payable 

Other liabilities 



Total - 



4,415,000.00 
1,823,250.00 
1,046,043.41 
3,734,760.00 
1,417,512.90 



1,1 



, 170. 12 



190,806.38 

142,085.08 

2,409.57 

18.069,881.03 

724,773.15 

147,156.29 
280,000.00 
544, 136. 76 
700,544.22 
37,333.05 



35,173,861.! 



BANKS, OFFICERS, CAPITAL STOCK. ETC. 



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520 



N. C. CORPORATION COMMISSION. 



TELEPHONE 



Name of Corporation. 



Total 
Assessment. 



Capital 
Stock. 



Funded 
Debt. 



Number 
Business 
Phones. 



Albemarle Telephone Co 

American Telephone and Telegraph Co. of N. C— 

Ashboro Telephone Co 

Asheville Telephone and Telegraph Co 

Beaufort Telephone Co 

Benson Telephone Co 

Boiling Springs Telephone Co. 

Burke County Telephone Co 

Burnsville Telephone Co 

Caroleen and Henrietta Telephone Co. 

Carolina Telephone and Telegraph Co. 

Chapel Hill Telephone Co 

Cherokee Telephone Co 

Chowan and Roanoke Telephone Co. 

Clinton and Dunn Telephone Co 

Concord Telephone Co 

Currituck Telephone Co. 

Duplin Telephone Co. 

Edenton Telephone Co 

Ellenboro Telephone Co 

Elizabeth City Telephone Co 

Forest City Telephone Co 

Franklin Telephone and Electric Co 

Garland-Clinton Telephone Co 

Hickory Electric Co. 

Home Telephone and Telegraph Co 

Hyde County Telephone Co 

International Telephone Co. 

Interstate Telephone Co 

Kernersville Telephone Co 

Lattimore Telephone Co. 

Lenoir Electric Co. 

Lexington Telephone Co 

Lumberton Telephone Co 

Madison Telephone Co. 

Mebane-Ridgeville Telephone Co. 

Mocksville Telephone Co. 



2,500.00 
131,352.00 
2,500.00 
60,997-00 
2,500.00 
2, 500. 00 

400.00 
2,400.00 

500.00 
1,600.00 
45,040.96 
2,500.00 
1,250.00 
2,500.40 
1,290.00 
4,000.00 
2,500.00 
1,150.00 
1,500.00 

320.00 

11,000.00 

1,250.00 

2,840.00 

2,500.00 

3,600.00 

77, 890. 00 

3,000.00 

2,000.00 

30, 000. 00 

675. 00 

500.00 
3,000.00 
4, 550. 00 
2,150.00 
1,500.00 
2,300.00 

900.00 



$ 4,250.00 
15,000.00 
2,500.00 

135,000.00 
4,500.00 
5,175.00 
875.00 
5,400.00 
1,850.00 
2,000.00 

144,600.00 
2, 500. 00 
5,000.00 
4, 150. 00 
2,020.00 
3,000.00 
2,500.00 
1,400.00 
1,500.00 
320. 00 
9,000.00 
1,625.00 
4,000.00 
3,700.00 
12,000.00 

212,450.00 
9,500.00 
2,000.00 

100,000.00 
1,000.00 
1,070.00 
4,200.00 
7,500.00 
3,000.00 



250.00 
424.95 



150.00 



900.00 



,000.00 
750.00 



800. 00 



2,300.00 
900.00 



TELEPHONE COMPANIES. 



• 21 



COMPANIES. 



0) 

\s 

Si 


"m 
& ri 

Ph o> 


s 

If 

§1 

r u 
££ 


Gross 
Earnings. 


Operating- 
Expenses. 


Income 

from 

Operation. 


Pole 
Miles. 


Miles of 
Wire. 


$ 1.50 


42 


$ 1.00 


$ 2,460.00 


$ 1,450.00 


$ 1,010.00 


60.00 


158.00 








52,909.31 
950.00 


49,454.59 
1,250.00 


3,454.72 
§ 300.00 


405. 90 


5,067.78 
65.00 


1.80 


30 


1.00 


60.00 




847 




38,302.28 


32,019.38 


6,282.90 


166.00 


1,818.00 


1.50 


32 


1.00 


967.55 


851.88 


115.67 


30.00 


40.00 


1.74 


21 


2.73 


1,215.74 


1,116.63 


99.11 


40.00 


80.00 




110 




60.00 


85.00 


§ 25.00 


40.00 


85.00 


1.50 


110 


1.00 


1,981.97 


1,485.00 


496.97 


83.00 


128.00 




35 




200. 00 


200. 00 




62 00 


65.00 


1.00 


90 


1.00 


1,360.00 


573.00 


787.00 


20-00 


100.00 


2.25 


1,018 


1.43 


52,280.49 


46,457.26 


5,823.23 


334.00 


1,099.00 


1.50 


74 


1.33 


1,965.51 


1,772.70 


192.81 


7.00 


45.00 


2.00 


12 


1.50 


475.00 


480.00 


§ 5.00 


40.00 


40.00 


2.00 


25 


1.50 


2,005.00 


1,470.00 


535.00 


67.00 


67.00 


1.50 


13 


1.25 


340.00 


34.00 


306.00 


45.50 


45.50 


1.40 


218 


1.00 








33.00 


200 00 




2 


.50 


781.86 


449.74 


332.12 


35.00 


35.00 


1.50 


21 


1.50 


1,604.80 


1,501.75 


103.05 


21.00 


33.00 


2.00 


65 


1.00 


1,248.10 


2,523.08 


§ 1,274.98 


22.00 


46.00 


1.00 


78 


1.00 




150. 00 


§ 150-00 




10.00 


2.75 


175 


1.25 


6,915.00 


3,637.25 


3, 277. 75 






1.00 


55 


1.00 


1,050.00 


650.00 


400.00 


30.00 


70.00 


2.00 


20 


1.50 








96.00 


284. 00 


1.25 


40 


1.25 


750.00 


400.00 


350.00 


50.00 


125.00 


1.75 


180 


.90 


3,600.00 


1,500.00 


2,100.00 


11.00 


22.00 


2.25 


974 


1.35 


52,836.39 


44,226-22 


8,610.17 


480. 00 


1,731.00 


3-00 


35 


2.25 








65 00 


120 00 


1.75 


52 


1.50 


1,788.73 


1,053.77 


734.96 


12.00 


108.00 


2.75 


762 


1.76 


34,659.19 


28,708.58 


5,950.61 


45.40 


692.90 


2.00 


25 


1.00 


600.56 


473.26 


127.30 


2.00 


20.00 


.42 


92 


.21 


290.00 


275.00 


15.00 


8.00 


16.00 


1.50 


93 


1.00 


1,740.00 


1,326.00 


414.00 


43.00 


80.00 


2.00 


100 


1.00 


2,150.00 


1,650.00 


500.00 


20.00 


35.00 


1.50 


63 


1.50 


2,750.00 


2,960.00 


§ 210.00 














33 




175.00 


160.00 


15.00 


100.00 


100.00 


2.00 


6 


1.25 


784.99 


727.36 


57.63 




57.00 



522 



1ST. C. CORPORATION COMMISSION. 



TELEPHONE COM 



Name of Corporation. 



Monroe Telephone Co 

Morehead City Telephone Co. 

Mooresville Telephone Co 

Mt. Gilead Telephone and Electric Light Co 

Norfolk and Carolina Telephone and Telegraph Co. 

North Carolina Telephone Co 

North State Telephone Co 

North State Telephone Co 

Norwood Electric and Water Co 

Oconee Telephone Co 

Pamlico and Beaufort Telegraph Co 

Piedmont Telephone and Telegraph Co 

Pittsboro Telephone Co 

Polk County Telephone Co 

Raleigh Telephone Co. 

Randleman Telephone Co 

Rose Hill Telephone Co 

Roseboro and Fayetteville Telephone Co 

Rutherford ton Telephone Co. 

Sampson County Telephone Co. 

Sharon Telephone Co 

Southern Bell Telephone and Telegraph Co. 

Southside Telephone Co. 

Teacheys Dell Telephone Co. 

Thomasville Telephone Co 

Troy Telephone and Electric Light Co 

Tyrrell County Telephone Co 

Wadesboro Telephone Co 

Washington County Telephone Co 

Washington and Aurora Telephone Co 

Washington and Hyde County Telephone Co 

Waynesville Telephone Co 

Williamston Telephone Co 



Wilmington-Southport Telephone and Telegraph 
Co. 

Woodlawn Telephone Co 



Total 



Total 
Assessment. 



$ 3,000.00 

800. 00 
2,800.00 
1,500.00 
t 15,000.00 
2,000.00 
18,000.00 
3,427.00 

355.00 

310.00 

1,450.00 

25,200.00 

250.00 
1,300.00 
7,500.00 
2,496.00 
1,250.00 
2,000.00 
2,000.00 
1,250.00 

500.00 

404,864.00 

3,000.00 

500.00 
1,755.00 
1,200.00 

890.00 
3,350.00 

600.00 
1,155.00 
4,000.00 
2,500.00 
2,500.00 
1,200.00 

100.00 



5,957.86 



Capital 
Stock. 



$ 7. 

1, 

3. 

2. 
50. 

2. 
20. 



10, 
1. 

50. 

2. 
16 
3. 
1, 
2. 
1. 
3. 
1 
1,249. 



500. 00 
250.00 
525.00 
850.00 
000. 00 
000.00 
000.00 
500.00 
375. 00 
000. 00 
450. 00 
000.00 
500.00 
550.00 
050.00 
000.00 
850.00 
800.00 
000.00 
150.00 
150. 00 
090.00 
000.00 
720.00 
755.00 
500. 00 
950.00 
000.00 
650.00 
925.00 
000.00 
000.00 
500.00 
800.00 
500.00 



2,194,675.00 



Funded 
Debt. 



1,200.00 



1,000.00 



1,000.00 



700. 00 



3,000.00 



775.00 



106.00 



15,055.95 



Number 
Business 
Phones. 



* Toll phones. f Toll line. $ Six months. || Not separated. 



Deficit. 



TELEP HO X E COM PAX I ES. 



23 



PANIES-Continued. 



0> 

B 

O-g 


Number of Resi- 
dence Phones. 


B 

<$ . 

@$ 

beg 

<5 


Gross 
Earnings. 


Operating 

Expenses. 


Income 

from 

Operation. 


Pole 

Miles. 


Miles of 
Wire. 


$ 




$ 


$ 


$ 


$ 






1.25 


16 


1.25 


435. 00 


360.00 


75.00 


1.50 


4.00 


1.50 


85 


1.00 


1,983.86 


1,950.00 


33.86 


27.00 


74.00 


1.25 


60 


1.00 


475. 00 


245.00 


230.00 


22.00 


75.00 








3,724 80 


2 165 90 


1,558.90 
74 08 


100 00 


250 00 


1 00 


33 


1 00 


t 74.08 
6,783.94 




86 00 


104 00 


2.00 


234 


1.50 


6,099.95 


683.99 


23.00 


335. 00 


2.00 


59 


1.25 


2,573.14 


1,579.94 


993.20 


55.00 
4 00 


133.00 
20 00 


2.50 


2 


2.00 


125.00 


100.00 


25.00 


15.00 
51 50 


15.00 
60 00 


2.25 


800 


1.25 


28,584.68 


22,867.22 


5,717.46 


215.00 


1,390.00 








155.00 


60 00 


95 00 


12 00 


12 00 


1.50 


81 


1.00 


1,314.00 


1,080.00 


234.00 


10.00 


10.00 


2.25 


320 


1.25 


8, 377. 80 


5,400.00 


2,977.80 


12.00 


525.00 


1.50 


28 


1.00 


1,146.58 


834.35 


312. 23 


31.00 


68.00 


1.00 


45 


1.00 


135.00 


25.00 


110.00 


25.00 


25.00 


1 25 


47 


1.25 








44 50 


48 00 


1.25 


160 


1.00 


2,645.00 


2,162.50 


482. 50 


37.00 


60.00 


1.50 


50 


1.25 


740.00 


440.00 


300.00 


46.00 


92.00 




46 






60 00 


§ 60.00 
24,296.16 


26 50 


45 00 


2.81 


4,946 


1.77 


271,379.05 


247, 082. 89 


1,252.00 


8,298.50 


2.00 


38 


1.50 


590.00 


350.00 


240. 00 


40.00 


60. 00 


1.00 


7 


1.00 


152.00 


30.00 


122. 00 


20.00 


20.00 


1.50 


53 


1.00 


1,728.00 


1,552.50 


175. 50 


15.50 


95.00 


1.50 


47 


1.00 


582.00 


372. 50 


209. 50 


11.00 


40.00 


1.50 


37 


1.00 


1,642.10 


1,553.58 


88.52 


30.25 


57.25 


1.50 


100 


1.00 


3,150.00 


2,200.00 


950.00 


22.00 


75.00 




3 


1.16 








30 00 


30.00 


2.00 


50 


1.50 








40.00 


40.00 


2.00 


106 


1.20 


2,774.40 


1,200.00 


1,574.40 


61.00 


162.00 


1.10 


12 


1.20 


3,500.00 


2,500.00 


1,000.00 


60.00 


200.00 


2.00 


47 


1.50 


2,086.56 


1,023.33 


1,063.23 


54.00 


111.00 


1.75 


17 


1.25 


1,127.38 


806.45 


320.93 


37.00 


104.00 








150.00 


200.00 


§ 50.00 


5.00 














13,077 




619,331.84 


535,372.56 


83,959.28 


5,055.55 


25, 330. 93 



524 



N. C. CORPORATION COMMISSION. 



CO 

o 

CO 
QC 
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co 



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Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Southern Railway— 

Southern Railway— (owned lines) 
Southern Railway— (leased lines) 
Atlanta and Charlotte Air Line- 
Atlantic and Danville 

Atlantic and Yadkin 

High Point, Randleman, Ashboro 
and Southern 

North Carolina Railroad 

North Carolina Midland 

Southern Railway— Caro. Division 

State University 

Yadkin Railroad 


£ i 

3 1 

Xfl 1 

T3 1 
0) i 
to I 

a | 

JV \ 
T3 1 

c k! 

°3 £? 

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C^ 
|« 

*£ 

o » 



ACCIDENTS TO PERSONS. 



525 



i-< CO ** tH 1 1 1 i -* 1 CM 


U5 

8 


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t- oj t- th i •># cm tH oo iH oo 


1 


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CO 








00 




LO 


i-H 1 1 i-H 


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co 

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1-1 1 i-l 1 i-H rH i 1 TH J Cg 


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00 
Cxi 




in 


CO <M tH 1 i-l 




1-1 


Miscellaneous Roads— 

Atlantic and North Carolina 

Caldwell and Northern 

Carolina and Northwestern 

Danville and Western 

Durham and Charlotte 

Durham and Southern 

East Carolina Railway 

Louisville and Nashville 

Norfolk and Western 

Northampton and Hertford 

South and Western 


13 

o 
-p 



2 

o 



Corp, 2—35 



526 



N. C. CORPORATION COMMISSION". 



STREET RAIL 





Mileage. 


Capital. 
Stock. 


Funded 
Debt. 


Name of Company. 


Main. 
Line. 


Sidings. 


Asheville and Craggy Mountain Railway 


*5.50 
13.00 
13.37 
18.98 
8.33 
5.90 
6.50 
5.50 
4.00 




$ 24,200.00 
532,000.00 
200,000.00 
450,000.00 
283,300.00 
500,000.00 
674,600.00 
59,800.00 
400,000.00 


$ 

750,000.00 
376,000.00 
600,000.00 
375, 000. 00 


1.00 
.13 


Charlotte Consolidated Construction Co. 

Consolidated Railways Light and Power Co. 


.25 

.30 

3.50 

.25 




350,000.00 




461, 000. 00 




123,500.00 
350,000.00 








Total - - 


81.08 


5.43 


3,123,900.00 


3,385,500.00 





STREET RAILWAY COMPANIES. 



52' 



WAY COMPANIES. 



Gross 
Earnings. 


Operating 
Expenses. 


Income from 
Operation. 


Income from 

Other 

Sources. 


Income from 

All 

Sources. 


Number of 

Passengers 

Carried. 


Passengers 
Carried 

Per Mile of 
Track. 


$ 5,192.98 
216,058.37 
189,930.08 
154,538.25 
100,489.28 
122,038.70 
160,012.61 
78,526.67 
21,019.10 


$ 14,863.54 
126,875.96 
158,434.86 
80,539.47 
79,780.94 
97,251.02 
108,577.50 
76,218.86 
4,221.37 


§ 19,670.56 
89,182.41 
31,495.22 
73,998.78 
20,708.34 
24,787.68 
51,435.11 
2,307.81 
16,797.73 


$ __ 


$ t9,670.56 
89,474.91 
31,495.22 
73, 998. 78 
24,166.43 
24,787.68 
51,435.11 
2,307.81 
16,797.73 


30,061 
2,836,601 
1,937,763 
2,182,527 
1,108,968 
1,304,866 
1,170,842 
1,433,639 
453,709 


5,465 


292.50 


218,200 
144,933 
115,000 
129,355 
221, 163 




3,458.09 




180,437 
286,727 
113,427 


1,047,806.04 


746,763.52 


301,042.52 


3,750.59 


304,793.11 


12, 458, 976 


153,662 



* Including sidings. f Deficit. 



528 



N. C. CORPORATION COMMISSION. 



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FREIGHT AND PASSENGER EARNINGS. 



529 



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532 



N. C. CORPORATION COMMISSION. 



EMPLOYEES AND DAILY 



Name of Road. 



Atlantic Coast Line Railroad 

Seaboard Air Line Railway 

Southern Railway 

Miscellaneous Roads— 

Aberdeen and Ashboro 

Aberdeen and Rockfish 

Atlantic and North Carolina 

Atlantic and Western 

Caldwell and Northern 

Carolina, Glenn Anna and Pee Dee 

Carolina and Northwestern 

Carthage 

Cashieand Chowan 

Chowan and Aulander 

Cliffside 

Danville and Western 

Durham and South Carolina 

Durham and Southern 

Durham and Charlotte 

Dover and South Bound 

East Carolina 

East Tennessee and Western North Carolina 

Lawndale 

Linville River 

Louisville and Nashville 

Mount Airy and Eastern 

Norfolk and Southern 

Norfolk and Western 

Northampton and Hertford 

Pamlico, Oriental and Western 

Raleigh and Charleston 

Raleigh and Pamlico Sound 

Raleigh and Sputhport 

Raleigh and Western 

Red Springs and Bowmore 

South and Western 

Virginia and Carolina Coast 

Warrenton 

Wellington and Powellsville 

Total 



General 
Officers. 



No. 



Average 
Wages. 



$ 13.58 
17.16 



Other 
Officers. 



No. 



5.24 



,37 



2.90 



6.82 
2.59 



.00 



.30 



27.81 



7.81 



9.45 
4.97 



5.88 
9.56 



Average 
Wages. 



7.02 
7.48 
3.22 



3.25 



1.32 



2.87 



.69 



5.59 



5.54 
3.89 



General 
Office Clerks. 



No. 



277 
111 



17 



10 



1,132 



1,614 



Average 
Wages. 



$ 1.94 
1.98 



EMPLOYEES AND DAILY AVERAGE COMPENSATION. 



533 



AVERAGE COMPENSATION. 



Station Agents. 


Other Station 
Men. 


Enginemen. 


Firemen. 


Conductors. 


Other 
Trainmen. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


170 
115 
254 


$ 1.51 
1.62 
2.15 


438 
391 
659 


$ 1.09 
1.37 
1.35 


190 
117 
271 


$ 4.10 
5.07 
4.93 


243 
181 

278 


$ 1.33 
1.58 
2.32 


174 
67 
196 


$ 2.82 
3.87 
4.02 


599 

211 
446 


$ 1.29 
1.53 

1.84 






2 

56 




4 
12 




4 
12 




2 
12 








18 


1.21 


1.16 


3.57 


1.15 


1.94 36 


.93 


3 


.91 


5 


.31 


10 


3.63 


10 


1.63 


10 


2.10 


26 


1.07 


11 
3 


1.48 


26 


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10 
1 


3.63 


10 
1 


1.81 


10 
1 


2.04 


26 
2 


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2 


1.27 


4 


1.09 


1 


2.53 


1 


1.28 


1 


2.42 


2 


1.13 


10 

7 


1.18 
.65 


15 


.83 


5 
2 


2.50 
1.50 


5 
2 


.89 
.90 


5 
2 


2.06 8 
1 00 4. 


.94 
90 














4 


1.45 






2 


3.75 


1 


1.25 


2 


2.00 


3 


1 00 


































2 


1.50 
1.41 






1 
2 


3.20 
4.59 


1 
2 


2.88 
2.43 


1 

2 


3.20 
3.19 




2 
4 


2.00 
1.94 


3 


2 


1.25 


29 ! 1.20 
16 1.98 

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34 
29 


1.47 
1.19 


19 
46 


3.28 
4.43 


18 
46 


1.64 

2.42 


28 
10 


2.47 
3.57 


58 
28 


1.50 
2.05 


4 .88 






1 
3 


1.79 
2.10 


1 

4 


1.25 
1.05 


1 
3 


1.67 
1.69 


2 
4 


1 15 


4 .88 


2 


.79 


.88 


8 
1 


.49 
.74 


3 


.77 


2 
1 


2.88 
1.36 


2 
1 


.82 
.76 


2 


2.27 


4 


.66 
















12 
11 


1.03 
.84 


3 


1.21 


4 


2.97 


4 


1.95 


4 
3 


2.76 
2.11 


10 

7 


1.55 
1.12 
















































691 




1,674 




709 




| 833 





536 




1,486 

















534 



N. C. CORPORATION COMMISSION. 



EMPLOYEES AND DAILY 



Name of Road. 


Machinists. 


Carpenters. 


Other 
Shopmen. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 




110 
123 
271 


$ 2.94 
2.31 
3.12 


297 

35 

307 


$ 1.70 
2.53 

1.84 


879 
429 
347 


$ 1.34 
1.59 
2 08 






Miscellaneous Roads— 






1 
11 




3 

26 










2.19 


1.76 


56 


1.49 


































6 


2.56 


5 


2.00 


25 


1.22 


































Cliffside - -- - -- - 
















1 


2.76 


9 


1.86 


13 


1.73 








1 

1 


2.66 
1.50 


1 
1 


1.33 
1.25 


7 


1.04 














1 


3.50 




































1 


3.50 


1 
1 


2.50 
1.91 








2 


77 












32 


2.34 


38 
8 
1 
2 


2.12 
2.20 
1.80 
1.83 


44 
21 


1.46 




1.56 












1 


1.50 


2 


1.53 


























1 


1.50 


















6 

1 


2.62 
2.15 


29 

1 


1.75 
2.01 


15 


1.42 








































Total 


567 




766 




1,840 





^Entire line. 



EMPLOYEES AND DAILY AVERAGE COMPENSATION. 



535 



AVERAGE COMPENSATION-Continued. 



Section 
Foremen . 


Other 
Trackmen. 


Switch, Flag 
and Watchmen. 


Telegraph 
Operators. 


Other 
Employees. 


Total 
Officers and 
Employees. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


113 
107 
222 


$ 1.65 
1.70 
1.45 


970 

760 

1,312 


$ .91 
1.00 

.84 


29 
131 
242 


$ .86 
1.56 
2.05 


146 

58 

220 


$ 1.85 
1.91 
2.89 


548 
316 
698 


$ 1.60 
1.77 
1.02 


5,242 
3,163 
5,818 


4 




26 

97 















58 


16 


1.62 


1.00 


13 


.82 


2 


2.59 


27 


1.13 


422 

15 


3 


1.42 


12 


1.00 






4 


.74 


5 


5.17 


107 










10 


1.39 


36 
8 


.90 






5 
1 


. 1.26 


6 


1.16 


205 


2 






21 






































80 
























1 


1.36 


4 


1.00 


1 


1.12 


1 


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1 


1.11 


56 


5 


1.53 
1.15 


59 

20 


.97 
.90 


1 
1 


1.07 
.12 


6 


.69 






140 


4 






51 














3 


1.33 


15 


.85 














33 
















133 






















12 


1 


2.56 
1.53 


17 
9 


1.42 

.89 














32 


2 






9 


.12 


15 


.24 


65 










14 
12 


1.79 
1.91 
1.79 
1.05 


59 

101 

8 

20 


1.10 

1.25 

1.24 

.86 


23 


1.22 


5 
4 


3.30 
2.06 


38 
6 


1.78 
1.44 


452 

*1,510 

33 


2 


1 


1.18 


3 






2 


1.69 


53 












4 


4 


1.82 
1.25 


20 
4 


.89 
.90 














47 


1 














12 


















8 


1.80 
1.49 


148 
31 


1.22 
1.02 






1 
1 


1.32 

1.58 


20 
6 


1.00 
1.74 


291 


8 






100 






























54 
























545 




3,739 




442 




463 




1,688 




18, 230 

















536 



N. C. CORPORATION COMMISSION. 



RECAPITULATION OF EARN 



Name of Road. 


Gross 
Earnings 

from 
Operation. 


Operating 

Expenses. 


Income 

from 

Operation. 


Earnings 

from 
Operation 
Per Mile. 


Operating 
Expenses 
Per Mile 
of Road. 


Atlantic Coast Line Railroad Co.- 


$6,602,423.00 


$4,282,747.11 


$2,319,675.89 


$ 6,571.47 


$ 4,262.67 


Seaboard Air Line Railway 


4,478,461.22 


2,943,363.70 | 1,535,097.52 


7,159.69 


4,705.54 


Southern Railway (owned lines) — 

Southern Railway (leased lines) — 

Atlanta and Charlotte Air Line- 


5,651,082.68 

645,875.82 

70,309.81 

426,715.28 

111,504.62 

3,915,311.05 

417,231.90 

823.69 

591,158.13 

18,563.27 

171,733.91 


3,263,715.39 

467,030.13 
51 364 62 


2,387,367.29 

178,845.69 
IS cur; 1Q 


7,966.79 

14,964.69 
3,174.26 
2,584.27 

4,160.62 

17,452.58 

7,795.81 

185.09 

4,638.46 
1,819.92 
3,929.84 


4,601.12 

10,820.90 
2,318.94 
2,065.27 

2,386 30 




341,016.71 85,698.57 
63,952.86 47 KR1 76 


High Point, Randleman, Ash- 




2,668,656.25 

244,871.97 

1,898.28 

591,870.08 
21,359.14 
113 805 66 


1,246,654.80 
172,359.93 
11 1,074.59 

11 711.95 

U 2,795.87 

K7.928 5>K 


11,895.59 

4,575.34 

426.58 

4,664.07 
2,094 03 


North Carolina Midland 

North and South Carolina 

Southern Railway — Carolina Di- 
vision 


Yadkin - - 


2 604 25 










6,369,227.48 


4,565,825.70 1,803,401.78 


8,841.98 


6 338.43 






Total Southern Railway lines- 


12,020,310.16 


7,829,541.09 \ 4,190,769.07 


8, 407. 75 


5,476.46 


Grand total A. C. L., S. A. L. ( 
Southern 


23,101,194.38 


15,055,651.90 


8,045,542.48 


7,549.68 


4,920.32 


Miscellaneous Roads— 
Aberdeen and Ashboro 


126,010.75 
75,204.58 

407,694.39 
10,409.69 
33,555.43 

216,673.30 
31,377.37 


98,281.62 

39,462.06 

252,955.25 

8,765.33 

25,192.93 
128,214.23 

17,388.23 


27. 729. 13 
35,742.52 

154,739.14 

1,644.36 

8,362.50 

88,459.07 

13. 989. 14 


1,565.35 

1,519.28 
4,291.52 
1,156.63 
1,427.89 
2,968.13 
1,696.07 


1,220.89 
791.15 


Atlantic and North Carolina 


2,662.69 
973. 92 




1,072.04 


Carolina and Northwestern 


1,756.36 
939 90 






Chowan and Aulander 


16,512.62 
19,211.07 


22,417.84 
13,653.41 


If 5,905.22 
5,557.66 


5,504.20 

2,517.83 


7,472.61 
1, 789. 44 








44,764.44 

9,840.00 

31,238.34 

55,714.00 

16,576.56 


43,643.05 


1,121.39 
9,840.00 
3,702.40 
19,379.50 

7,486.68 


1,029.06 

410.00 

847.02 

2,274.04 

5, 525. 52 


1,003.28 








27,535.94 
36,334.50 

9,089.88 


746. 63 




1,483.04 


East Tennessee and Western 
North Carolina 


3,029.96 



H Deficit. 



RECAPITULATION OF EARNINGS AND EXPENSES. 



537 



INGS AND EXPENSES. 



Freight 
Earnings. 


Passenger 
Earnings. 


Freight 
Earnings 
Per Mile. 


Passenger 
Earnings 
Per Mile. 


Earnings 

from Other 

Sources. 


Average Re- 
ceipts Per 
Passenger 
Per Mile. 


Passenger 

Earnings 

Per Train Mile. 


$4,872,534.30 


$1,557,706.38 


$ 4,849.70 


$ 1,550.40 


$172,182.32 


DollsJ.Cts. 

02 


Mills. 
655 


Dolls. 
1 


Cts. ^ Mills. 
04 375 


3,468,154.77 


961,590.57 5,544.52 


1,537.29 


48,715.88 




02 


382 




92 | 202 


4,263,387.47 

388,954.41 

47,326.43 

295, 502. 58 

81,114.85 

2,537,264.18 

357,658.34 

823 69 


1,368,235.97 

253,596.76 
21,370.18 
128,649.73 

29,236.10 

1,353,274.72 

57,501.69 

180,505.23 

7,109.99 

39,664.19 


6,010.44 

9,011.92 
2,136.63 

1,789.62 

3,026.67 
11,309.90 

6,682.70 
185.09 

3, 193. 86 
1,117.04 
3,008.58 


1,928.91 

5,875.74 
964. 79 
779. 13 

1,090.90 
6, 032. 25 
1,074.40 


19,459.24 

3,324.65 
1,613.20 

2,562.97 

1,153.67 
24, 772. 15 
2,071.87 





02 

02 
02 
02> 

02 
02 
02 


508 

489 
383 
699 

785 
470 
610 


1 
1 

1 


19 

48 
76 

75 

57 
56 
76 


469 

598 
877 
010 

630 
799 
446 


405,300.73 

11,393.84 

131,474.77 


1,422.42 
697. 06 
907. 65 


5,352.17 

59.44 

594. 95 





02 
02 
02 


602 
641 
664 




88 
55 
55 


251 
374 
949 


4,256,813.82 


2,070,908.59 


5, 909. 45 


2, 874. 90 


41,505.07 




02 K08 
















8,520,201.29 


3,439,144.56 


5,959.55 2. 40S.SK 


60,964.31 




02 


508 

















16, 860, 890. 36 


5,958,441.51 


5,510.29 


1,947.27 


281,862.51 




02 


523 












103, 370. 05 


18,010.70 1.280.12 


223.04 

258.54 
1,755.29 
224.05 
190.83 
751. 64 
291.22 


4,630.00 
361.96 

8,387.33 

305. 12 

2,114.99 

1,453.56 














62,044.85 


12,797.77 

166,752.85 

2,016.45 

4, 484. 71 

54,870.14 
5,387.60 


1,253.43 
2, 447. 94 
898.68 
1,147.09 
2,196.57 
1,404.85 














232,554.21 
8,088.12 





02 


518 


1 


14 


956 


26,955.73 
160,349.60 
25,989.77 





02 
03 


083 
128 


1 27 


726 
922 


















16,000.00 




533.33 

1,870.54 




512.62 














14,272.22 


4,938.85 


647.29 




02 


574 




48 


755 










32,142.69 
7,' 265. 00 


6,678.24 
2,575.00 
4,847.68 
7,754.57 


738.91 
302.70 
699.56 

1,957.53 

5, 525. 52 


153.52 
107.30 
131.44 
316.13 


5,943.51 





02 


930 




42 


688 


25,800.06 


590. 60 














47,959.43 














16, 576. 56 

















538 



N.' C. CORPORATION COMMISSION. 



RECAPITULATION OF EARNINGS 



Name of Road. 


Gross 
Earnings 

from 
Operation. 


Operating 
Expenses. 


Income 

from 

Operation. 


Earnings 

from 
Operation 
Per Mile. 


Operating 
Expenses 
Per Mile 
of Road. 


Lawndale 


$ 11,042.70 

32,863.66 

13,919.98 

3,060.00 

1,614.12 

528,795.32 

462,995.63 


$ 7, 924. 10 

22,960.22 

14,253.27 

1,470.00 

2,135.29 

395, 239. 99 

385,632.69 


$ 3,118.60 
9,903.44 
11 333.29 
1,590.00 
If 521.17 
133, 555. 33 
77,362.94 


$ 226. 97 
2,738.64 
1,053.75 
612.00 
403. 53 
4,193.46 
5, 130. 15 


$ 880.45 
1,913 35 


Louisville and Nashville 

Mount Airy and Eastern 

New Hanover Transit Co 


1,078.98 
494.00 
533. 82 

3, 134. 34 




4, 272. 93 






Pamlico, Oriental and Western - 
Raleigh and Charleston 


13,309.31 
12,153.43 


17,783.20 
8,937.30 


H 4,473.89 
3,216.13 


821.56 
603. 75 


1,097.73 
443.98 




64,281.77 

2,652.77 

5,630.00 

123, 581. 72 

126, 014. 36 

8,814.04 

31,846.72 


38,424.38 

4,672.62 

5, 500. 00 

103, 909. 33 

98,972.11 

10,295.13 

24,740.29 


25,857.39 

If 2,019.85 

130.00 

19, 672. 39 

27,042.25 

If 1,481.09 

7,106.43 


1,494.92 
331. 59 
351. 88 

3,089.54 
716.03 

2,938.01 

1,447.57 


893. 59 




584. 08 


Red Springs and Bowmore 


343.75 
2,597.73 


Virginia and Carolina Coast 

Warren ton 

Wellington and Powellsville 


603.27 
3,431.71 
1,124.55 


Total Miscellaneous Roads- 


2,537,358.07 


1,865,784.19 


671,573.88 


2,465.99 


1,814.18 


Grand total— all roads 


25,638,552.45 


16,921,436.09 


8,717,116.36 


6,557.49 


4,327.94 



*Entire line. 
f Six months. 
tLumber road. 
§No report. 
II No division. 
UDeficit. 
**Road under construction. 



RECAPITULATION OF EARNINGS AND EXPENSES. 



539 



AND EXPENSES-Continued. 



Freight 
Earnings. 


Passenger 
Earnings. 


Freight 
Earnings 
Per Mile. 


Passenger 
Earnings 
Per Mile. 


Earnings 

from Other 

Sources. 


Average Re- 
ceipts Per 
Passenger 
Per 

Mile. 


Passenger 

Earnings 

Per Train Mile. 


$ 9,112.84 

29,657.51 

9,950.38 

2,659.30 


$ 1,409.47 

3,206.15 

3,197.71 

191.35 

1,614.12 

181,357.63 

68,920.26 


$ 901.43 

2,471.46 

753.25 

531.86 


$ 156. 61 
267. 18 
242.07 
38.08 
403.53 
1,438.20 
763.66 


$ 520.39 


Dolls. 


Cts. 


Mills. 


Dolls. 


Cts. 


Mills. 




04 


OR?? 




26 

74 


664 


771.89 
209.35 




02 986 


004 












347,437.69 
390, 706. 35 


2,755.26 
4, 329. 16 


3,369.02 





01 i 537 

02 444 




41 
56 


039 
182 


8,605-29 
10,177.05 


4,704.02 
1,706.64 


531.19 
505.57 


296. 54 

84.78 






03 ^74 




43 

28 


633 


269. 74 




03 


141 


587 


47,867.92 

2,444.77 

5,630.00 

102,057.17 

88,075.08 
6,819.85 

23,724.81 


16,413.85 
117.00 


1,113.21 
305.59 
351.88 

2,551.43 
484. 77 

2,273.28 

1,078.40 


381.71 
14.62 
















91.00 


























19,564.55 

37,939.28 

1,447.90 

6,462.34 


489. 11 
231.25 
482.63 
293.74 


1,960.00 
















02 


202 




69 


974 


546. 19 
1,659.57 






























1,864,294.30 


639,366.83 


1,811.86 


652. 45 


33,696.94 





02 


068 














18, 725, 184. 66 


6,597,«08.34 


4,789.28 


1, 708. 92 


315,559.45 





02 


474 

















540 



N. C. CORPORATION COMMISSION. 



COST OF ROAD, CAPITAL STOCK, 



Name of Road. 



Cost of Road. 



Capital Stock. 



Funded Debt. 



Atlantic Coast Line Railroad Company* 

Seaboard Air Line Railway* 

Southern Railway — owned lines* 

Southern Railway — leased lines — 

Atlanta and Charlotte Air Line* 

Atlantic and Danville 

Atlantic and Yadkin 

High Point, Randleman, Ashboro and Southern - 

North Carolina 

North Carolina Midland 

North and South Carolina 

Southern Railway— Carolina Division* 

State University 

Transylvania 

Yadkin 

Total Leased Lines 

Total Southern Railway Lines 

Grand total A. C. L.; S. A. L.; Southern — 
Miscellaneous Roads— 

Aberdeen and Ashboro 

Aberdeen and Rockfish 

Atlantic and North Carolina 

Atlantic and Western 

Caldwell and Northern 

Carolina, Glenn Anna and Pee Dee 

Carolina and Northwestern* 

Carthage 

Cashie and Chowan 

Chowan and Aulander 

Cliffside 

Danville and Western 

Durham and South Carolina 

Durham and Southern 

Dover and South Boundf 

Durham and Charlotte 

East Carolina 

East Tennessee and Western North Carolina* — 
Lawndale 



$29,821,016.07 
29,408,876.91 
38,771,879.01 



$10,274,477.20 
14,978,931.43 
21,262,965.75 



1,181, 

608, 
2,500, 

651. 
4,975, 
1, 725. 

112, 

2,319, 

31. 

341. 
1,240, 



265.07 
430.24 
000.00 
900.00 
627.53 
000.00 
211.08 
673.60 
300.00 
000.00 
000. 00 



15,686,407.52 



278. 

173. 
1, 000. 

250. 
4,000. 

924. 
50. 

617. 
31. 

345. 

625 ; 
8,295. 



921.02 
536.00 
000.00 
000.00 
000. 00 
000.00 
000. 00 
397.52 
300.00 
000.00 
000. 00 



$ 17,517,794.06 
13,861,218.67 
20, 953, 525. 50 

902,325.48 

433,708.00 

1,500,000.00 

402,000.00 

801,000.00 



154.54 



54,458,286. 



29, 558, 120. 29 



113,688,179.51 



54,811,528.92 



319,000.00 
191,315.30 
267,999.60 
49,568.11 



105,000.00 

1,801,631.53 

79,400.00 



250, 000. 00 

100,000.00 

1,797,200.00 

28,900.00 

89,200.00 

125,000.00 

884,491.50 

16,050.00 



35,500.00 
16,000.00 
164,275.99 



30,000.00 
16,000.00 

38,658.68 



1,233,419.02 



600,000.00 



208,763.40 

116,200.00 

81,561.33 

60,285.22 



10, 000. 00 
55,000.00 
43,020.00 
60,000.00 



1,679,350.80 



434,000.00 
615,000.00 

6,767,384.28 



27,720,909.78 



59,099,922.51 



69, 000. 00 

80,000.00 

325,000.00 

21,842.61 



5,515.00 



110,323.66 



42,855.00 



COST OF KOAD, CAPITAL STOCK, FUNDED DEBT, ETC. 



541 



FUNDED DEBT, ETC.— North Carolina. 



Capital 

Stock Per 

Mile. 


Funded 

Debt Per 

Mile. 


Assessed 
Valuation. 


Assessed 

Valuation 
Per Mile. 


Taxes Paid. 


Taxes 
Paid Per 

Mile. 


Miles. 


$ 10,840.00 
24,470.58 
36,075.00 

6,458.00 
7,888.00 
6,056.00 
9,328.00 
17,921.14 


$ 18,482.00 
22,644.61 
35, 550. 00 

20,892.00 
19,714.00 
9,084.00 
15,000.00 


$24,454,014.00 
12, 500, 000. 00 
14,735,250.00 

1,295,700.00 
220,000.00 

1,610,800.00 
267, 800. 00 

6,680,000.00 


$ 25,800.00 
20,420.83 
25, 000. 00 

30,000.00 
10,000.00 
10,000.00 
10,000.00 
9.9.99.8.31 


$ 225,093.49 
120,272.07 
149,067.95 

14,954.51 
2,082.58 

15, 582. 31 
2,414.44 

67,605.86 

5,219.80 

98.48 

10,073.03 

258. 57 

1,505.62 

2,293.65 


$ 237.48 
196. 48 
252.91 

346.25 
94.66 
96.73 
90.15 

302.89 
97.54 
26.40 
95.46 
25.50 
36.40 
55.94 


947. 83 
612.12 
589. 41 

43.19 
22.00 

161.08 
26.78 

223.20 


17,232.00 
11,235.00 


14, 940. 00 


1 
535,100.00 10,000.00 

11,190.00 3,000.00 

714,700.00 6,773.12 
25,049.00 | 2,470.31 
164,350.00 3,973.64 
205,000.00 5,000.00 


53.51 
3.73 


5,851.00 
3,069.00 
8,341.39 
14,302.00 


15,915.00 


105. 52 
10.14 


10,493.23 
14,073.00 


41.36 
41.00 


11,339.76 


9,251.25 11,739,689.00 1 16,048.56 122,088-85 166.89 


731.51 


22,376.91 


20,986.06 


26,474,939.00 20,042.80 271,156.80 205.27 


1,320.92 


19,026.03 


20,514.61 


63,428,953.00 22,017.29 i 616,522.36 


214. 00 


2, 880. 87 


3,105.59 
2,020.00 
18,918.00 
3,211.00 
3,795.00 


967. 25 
1,616.00 
3,421.00 
2, 462/95 


252,330.00 

181,331.09 

774,300.00 

17,310.00 

96,240.00 


3,124.83 
3, 704. 41 
8,175.48 
1,923.33 
A. 09K. 29 


2,319.20 

1,891.30 

8, 499. 96 

160.03 

480.00 

328.00 

5, 700. 36 

531.06 

120.00 

221.76 

59.20 

312.64 

720.00 

2,536.47 

214.00 

902.88 

707. 81 

286.65 

168.00 


28.72 
38.63 
89.74 
17.78 
20.42 
16.40 
89.77 
28.71 
13.33 

7.40 
19.73 
38.22 
26.18 
43.30 

8.91 
24.57 
28.87 
95.65 
18.66 


80.75 
48.95 
94.71 
9.00 
23.50 


6,250.00 




41,800.00 2,090.00 
508,000.00 ' 8,000.00 

50,000.00 1 9 7f>9.7fl 


20.00 


13,929.00 
858 56 


14,890.00 


63.50 
18.50 






15,000.00 


1,666.66 


9.00 


1,000 00 




34, 700. 00 
7,400.00 

32, 000. 00 

90, 150. 00 
297,861.00 

26, 805. 00 
108,859.00 


1,156.66 
2,466.66 
3,911.98 
3,278.18 
5,085.55 
1,098.57 
2 962. 95 


30.00 


5,333 33 




3.00 


4,726.00 


13,487.00 


8.18 
27.50 
58.57 
24.00 
36.74 
24 52 


10,238.89 








271. 00 




2, 245. 00 




49 044.00 


9 nnn ia 


14,340.00 
6,667.00 


14,285.00 


20,000.00 6,666.66 
21,000.00 2,333.33 


3.00 
9.00 



Corp. 2 — 36 



542 



N. C. CORPORATION COMMISSION. 



COST OF ROAD, CAPITAL STOCK, FUNDED 



Name of Road. 



Miscellaneous Roads— Continued. 

Linville River 

Louisville and Nashville 

Mount Airy and Eastern 

New Hanover Transit Co. 

Norfolk and Southern* 

Norfolk and Western 

Northampton and Hertford! 

Orford and Coast Line 

Pamlico, Oriental and Western — 

Raleigh and Charleston* 

Raleigh and Pamlico Sound 

Raleigh and Southport 

Raleigh and Western 

Red Springs and Bowmore 

South and Western 

Virginia and Carolina Coast 

Washington and Plymouth 

Warrenton 

Wellington and Powellsville 

Whitney Company 

Total 

Grand total 



Cost of Road. 



120, 942. 06 
545,258.81 



8,850.00 
2,616,612.16 
3,008,131.67 



1,317,788.80 
607,688.17 
275,571.72 
794, 553. 35 
334, 192. 96 
28,800.00 
921,235.05 



20,371.14 
170,909-99 
40,000.00 



15,541,825.38 



129,230,004.89 



Capital Stock. I Funded Debt. 



60,000.00 

198,766.30 

23,050.00 

8,850.00 

741,033.04 

4,177,210.18 



750,000.00 
430,396.32 
38,900.00 
310,000.00 
127,500.00 



68, 124. 04 
4,913,042.38 



12,300.00 
90,000.00 



16,092,692.44 



70,904.221. 



$ 60, 000. 00 

425,802.40 

11,675.00 



1,498,866.36 
3,345,995.40 



550,000.00 
202, 534. 56 
215,500.00 
195,000.00 
108,000.00 



661,486.20 
605, 942. 00 



3,500.00 



9,478,838.19 



68,578,760.70 



COST OF ROAD, CAPITAL STOCK, FUNDED DEBT, ETC. 



543 



DEBT, ETC. -State of North Carolina— Continued. 



Capital 

Stock Per 

Mile. 


Funded 

Debt Per 

Mile. 


Assessed 
Valuation. 


Assessed 
Valuation 
Per Mile. 


Taxes Paid. 


Taxes 
Paid Per 

Mile. 


Miles. 


$ 5,000.00 


$ 5,000.00 


$ 30,000.00 


$ 2,500.00 


$ 279.00 


$ 23.25 


12.00 


15,173.00 


32,504.00 


65, 500. 00 


5,000.00 


753-75 


57.53 


13.10 


4,610.00 


2,335.00 


10,000.00 


2,000.00 


90.00 


18.00 


5.00 


2,215.50 




7, 500. 00 


1,875.00 


89.77 


22.44 


4.00 


8,954.00 


18,111.00 


1,500,000.00 


18,124.69 


15,169.62 


183.29 


82.76 


47,827.00 


38,310.00 


1,258,621.00 


14,410.59 


12,221.26. 


139. 92 


87.34 






30, 000. 00 
25,000.00 


3,333.33 

5, 543. 23 


270. 81 


30.09 


9.00 










4.51 


46,296.00 


33,951.00 


57,980.00 


3,579.01 


145.56 


8.98 


16.20 


20,732.00 


9, 756. 00 


83,040.00 


4,000.00 


55.00 


2.65 


20.76 


2,210.22 


12,244.31 


68,285.00 


3,879.83 


544. 00 


30.91 


17.60 


7,209.30 


4, 534. 88 


207,725.00 


4,830.81 


1,504.92 


35.00 


43.00 


15,937.00 


13,500.00 


25,000.00 


3,125.00 


78.50 


9.82 


8.00 






21,400.00 
177,689.00 


1 337.50 


197. 21 


12.36 


16-00 


1,584.28 


15,383.40 


4,132.31 


1,879.37 


43.70 


43.00 


80,515.28 


9,930.22 


280,960.00 
72,138.00 
9,440.00 


' 4,604.39 


•2,284.72 


37.44 


61.02 
43.34 


4, 100. 00 


1,166.67 


3, 146. 66 


98-54 


32.84 


3.00 


4, 090. 00 




54,000-00 


2,454.54 
6,153.85 


455. 70 


20.70 


22.00 






40,000.00 


320.00 


49.23 


6.50 








14,490.74 


8, 535. 26 


6, 648, 408. 00 


5,986.60 


62,517.05 


56.29 


1,110.55 


17,764.16 


17,181.54 


70,077,361.00 


17,557.00 


679,039.41 


170.12 


3,991.42 



* Cost of road, capital stock and funded debt on basis of mileage— whole line. 
t No report. 
% Lumber road. 



GENERAL INDEX. 



COMPLAINTS AND DECISIONS, SEE PAGES 13 TO 58, INCLUSIVE. 



PART I. 

PAGE. 

Letter of Transmittal 3 

Circulars issued by the Commission 59 

Complaints and Decisions 13 

PART II. 

Aberdeen and Ashboro Railroad — assessment of 3, 35 

report of 275 

Aberdeen and Rockfish Railroad — assessment of 3, 35 

report of 277 

Accidents 524 

Assessment — bridge and canal companies 7, 62 

express companies 15, 46 

electric light and gas companies 6, 62 

railroad companies 2-5, 17 

refrigerator car companies 8, 59 

street railway companies 13, 61 

steamboat companies 9, 60 

sleeping-car companies . . 15, 44 

telegraph companies 16, 49-58 

telephone companies 10, 63 

water-works companies 14, 61 

Atlanta and Charlotte Air Line Railroad — assessment of 2,29 

report of , 227 

Atlantic Coast Line Railroad Company — assessment of 2, 17 

report of 123 

Atlantic and North Carolina Company — assessment of 3, 35 

report of 279 

Atlantic and Danville Railway Company — assessment of 2, 30 

report of 234 

Atlantic and Western Railroad — assessment of 3, 36 

report of 290 

Atlantic and Yadkin 2, 30 

report of 236 

Banks 413-509 

Bridge companies 62 

officers, capital, etc 7 

Caldwell and Northern Railroad — assessment of 3, 36 

report of 291 



546 N". C. CORPORATION COMMISSION. 

Cape Fear and Northern Railroad — page. 

report of 292 

Canal companies — assessment of 7, 62 

Capital stock, funded debt, etc 540 

Carthage Railroad — assessment of 3, 37 

report of 302 

Carolina and Northwestern Railway — assessment of 3, 37 

report of 296 

Cashie and Chowan Railroad — assessment of 3, 37 

report of 304 

Chowan and Aulander Railroad 3, 37, 305 

Counties — assessment of railroads in 75 

Danville and Western Railway — assessment of 3, 38 

report of 307 

Dover and Southbound — assessment of 3, 38 

report of 308 

Durham and Charlotte Railroad — assessment of 3, 39 

report of 309 

Durham and South Carolina Railroad — assessment of 3, 38 

report of 310 

Durham and Southern Railway — assessment of 3, 38 

report of 311 

Earnings — recapitulation of 536 

Earnings — Inter and Intra State 528 

East Carolina — assessment of 3, 39 

report of . . . ; 315 

East Tennessee and Western North Carolina Railroad — assessment of 3, 39 

report of 316 

Electric light companies 6, 62 

Employees 532 

Gas companies 6, 62 

High Point, Randleman, Ashboro and Southern Railroad — assessment of.. 2,31 

report of 241 

Incomes 411 

Lawndale Railroad — assessment of 3, 39 

report of 317 

Linville River Railroad — assessment of 3, 40 

report of 318 

Louisville and Nashville 309 

Mount Airy and Eastern 3, 40 

report of 319 

New Hanover Transit Company — assessment of 3, 40 

report of 322 

Norfolk and Southern Railroad — assessment of 3, 40 

report of 323 

North Carolina Railroad — assessment of 2, 31 

report of 246 

North Carolina Midland — assessment of 2, 33 

report of 254 



GENERAL INDEX. 547 

PAGE. 

North and South Carolina 2, 33 

report of 259 

Norfolk and Western — assessment of 3, 41 

report of 338 

Northampton and Hertford Railroad — assessment of 4, 41 

report of 359 

Oxford Coast Line 4, 41 

Pamlico, Oriental and Western 4, 41, 360 

Postal Telegraph-Cable Company — assessment of by counties 49 

officers 408 

Pullman Company — assessment of 15, 44 

officers 409 

Railroads — assessment of 2-5, 17 

assessment of by counties 75 

by towns 98 

Recapitulation of assessment 5 

Raleigh and Charleston Railroad — assessment of _ 4, 42 

report of 361 

Raleigh and Pamlico Sound Railroad — assessment of 4, 42 

report of 362 

Raleigh and Southport Railway — assessment of 4, 42 

report of 363 

Raleigh and Western — assessment of 4, 42 

report of 366 

Red Springs and Bowmore — assessment of 4, 42 

report of 367 

Refrigerator companies 8, 59 

Seaboard Air Line Railway Company — assessment of 2, 22 

report of 153 

Southern Railway — assessment of 2, 26 

report of 180 

Carolina Division 260 

South and Western Railway 4, 42 

report of 368 

Southern Express Company — assessment of 15, 46 

officers 407 

Southern Bell Telephone and Telegraph Company — assessment of 12, 70 

officers 12 

State University Railroad — assessment of 2. 34 

report of 267 

Steamboat and canal companies — assessment of 9, 60 

Street railway companies— report of 337, 527 

assessment of 13, 61 

Table — Recapitulation of earnings 536 

Table — Capital stock, funded debt, etc 540 

Table— Employees 532 

Table — Earnings, Inter and Intra State 528 

Table — Accidents '. 524 



548 N". C. CORPORATION" COMMISSION. 

V 

PAGE. 

Telephone companies — 'assessment of 10, 63 

officers 10 

capital stock, etc 520 

Telegraph companies — assessment of 16, 49, 58 

officers 16 

Towns — Railroads and assessments . 98 

Transylvania Railroad Company — assessment of 34 

report of 269 

Warrenton Railroad — assessment of 4, 43 

report of 374 

Water-works companies 14, 61 

Wellington and Powellsville Railroad — assessment of 4, 43 

report of 375 

Western Union Telegraph Company — assessment of 16, 51 

officers 410 

Wilmington Railway and Bridge Company 376 

Yadkin Railroad — assessment of 2, 34 

report of 271 



North Carolina State Library 

Raleigh 



STATE LIBRARY OF NORTH CAROLINA 

3 3091 00772 8751 

v